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Southern Silver Exploration (Southern Silver Exploration) Equity-to-Asset : 0.99 (As of Jan. 2024)


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What is Southern Silver Exploration Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Southern Silver Exploration's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $26.88 Mil. Southern Silver Exploration's Total Assets for the quarter that ended in Jan. 2024 was $27.22 Mil.

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

SSVFF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.95   Max: 1.78
Current: 0.99

During the past 13 years, the highest Equity to Asset Ratio of Southern Silver Exploration was 1.78. The lowest was 0.10. And the median was 0.95.

SSVFF's Equity-to-Asset is ranked better than
97.64% of 2711 companies
in the Metals & Mining industry
Industry Median: 0.8 vs SSVFF: 0.99

Southern Silver Exploration Equity-to-Asset Historical Data

The historical data trend for Southern Silver Exploration'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.

Southern Silver Exploration Equity-to-Asset Chart

Southern Silver Exploration Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.96 0.87 0.98 0.99

Southern Silver Exploration Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.99 0.99 0.99 0.99 0.99

Competitive Comparison of Southern Silver Exploration's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Southern Silver Exploration'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.


Southern Silver Exploration's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Southern Silver Exploration's Equity-to-Asset falls into.



Southern Silver Exploration 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.

Southern Silver Exploration's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )=Total Stockholders Equity/Total Assets
=28.716/29.077
=

Southern Silver Exploration's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=26.881/27.224
=

* 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.


Southern Silver Exploration  (OTCPK:SSVFF) 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%.


Southern Silver Exploration Equity-to-Asset Related Terms

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


Southern Silver Exploration (Southern Silver Exploration) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas, El Sol, Hermanas and Oro. The Cerro Las Minitas property is a silver- lead-zinc property, which is in the northeast of the city of Durango in Durango State, Mexico. The Oro property is a gold-silver-copper- lead-zinc property, which is in the southwest of the Silver City porphyry copper district.

Southern Silver Exploration (Southern Silver Exploration) Headlines