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Blende Silver (TSXV:BAG) Equity-to-Asset : 0.78 (As of Feb. 2024)


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What is Blende Silver Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blende Silver's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$2.50 Mil. Blende Silver's Total Assets for the quarter that ended in Feb. 2024 was C$3.21 Mil.

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

TSXV:BAG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.75   Max: 0.92
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Blende Silver was 0.92. The lowest was 0.30. And the median was 0.75.

TSXV:BAG's Equity-to-Asset is ranked worse than
50.31% of 2715 companies
in the Metals & Mining industry
Industry Median: 0.79 vs TSXV:BAG: 0.78

Blende Silver Equity-to-Asset Historical Data

The historical data trend for Blende Silver'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.

Blende Silver Equity-to-Asset Chart

Blende Silver Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.79 0.75 0.85 0.79

Blende Silver Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.85 0.84 0.87 0.79 0.78

Competitive Comparison of Blende Silver's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Blende Silver'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.


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

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

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



Blende Silver 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.

Blende Silver's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=2.522/3.21
=

Blende Silver's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=2.503/3.208
=

* 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.


Blende Silver  (TSXV:BAG) 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%.


Blende Silver Equity-to-Asset Related Terms

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


Blende Silver (TSXV:BAG) Business Description

Traded in Other Exchanges
Address
804 - 750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
Blende Silver Corp is an exploration-stage junior mining company. The company is focused on silver-zinc-lead project acquisition, exploration, and development. It holds interests in the Blende Property and AB Property. It has one reportable segment, the acquisition and exploration of mineral properties, all of which occur in Canada.
Executives
Dale Dobson Senior Officer

Blende Silver (TSXV:BAG) Headlines

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