GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Standard Lithium Corp (AMEX:SLI) » Definitions » Equity-to-Asset

Standard Lithium (Standard Lithium) Equity-to-Asset : 0.93 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Standard Lithium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Standard Lithium's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $110.61 Mil. Standard Lithium's Total Assets for the quarter that ended in Dec. 2023 was $119.51 Mil.

The historical rank and industry rank for Standard Lithium's Equity-to-Asset or its related term are showing as below:

SLI' s Equity-to-Asset Range Over the Past 10 Years
Min: -113.25   Med: 0.91   Max: 1
Current: 0.93

During the past 13 years, the highest Equity to Asset Ratio of Standard Lithium was 1.00. The lowest was -113.25. And the median was 0.91.

SLI's Equity-to-Asset is ranked better than
71.66% of 2703 companies
in the Metals & Mining industry
Industry Median: 0.8 vs SLI: 0.93

Standard Lithium Equity-to-Asset Historical Data

The historical data trend for Standard Lithium's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Standard Lithium Equity-to-Asset Chart

Standard Lithium Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.79 0.97 0.96 0.92

Standard Lithium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.96 0.92 0.91 0.93

Competitive Comparison of Standard Lithium's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Standard Lithium's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Standard Lithium's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Standard Lithium's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Standard Lithium's Equity-to-Asset falls into.



Standard Lithium Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Standard Lithium's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=119.958/130.586
=

Standard Lithium's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=110.606/119.512
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Standard Lithium  (AMEX:SLI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Standard Lithium Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Standard Lithium's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Standard Lithium (Standard Lithium) Business Description

Traded in Other Exchanges
Address
1075 West Georgia Street, Suite 1625, Vancouver, BC, CAN, V6E 3C9
Standard Lithium Corp is engaged in the exploration and development of lithium brine properties in the United States. The Company is focused on the exploration and development of the Arkansas Lithium Project is located in south-central Arkansas. Its other projects comprise of Lanxess Project, Tetra project, and Bristol Dry Lake Project.

Standard Lithium (Standard Lithium) Headlines

From GuruFocus