Golden Minerals Co (Golden Minerals Co) Equity-to-Asset : 0.34 (As of Dec. 2023)

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What is Golden Minerals Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Golden Minerals Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.11 Mil. Golden Minerals Co's Total Assets for the quarter that ended in Dec. 2023 was $14.91 Mil. Therefore, Golden Minerals Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

AUMN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.59 Max: 0.79
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of Golden Minerals Co was 0.79. The lowest was 0.34. And the median was 0.59.

AUMN's Equity-to-Asset is ranked worse than
81.5% of 2702 companies
in the Metals & Mining industry
Industry Median: 0.8 vs AUMN: 0.34

Golden Minerals Co Equity-to-Asset Historical Data

The historical data trend for Golden Minerals Co'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.

Golden Minerals Co Equity-to-Asset Chart

Golden Minerals Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.42

0.65

0.59

0.43

0.34

Golden Minerals Co 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															0.43	0.30	0.37	0.21	0.34

Competitive Comparison of Golden Minerals Co's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Golden Minerals Co'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.

Golden Minerals Co's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Minerals Co's Equity-to-Asset falls into.

Golden Minerals Co 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.

Golden Minerals Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	5.113	/	14.91
	=	0.34

Golden Minerals Co'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
	=	5.113	/	14.91
	=	0.34

Golden Minerals Co (AMEX:AUMN) 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%.

Golden Minerals Co Equity-to-Asset Related Terms

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

Golden Minerals Co (Golden Minerals Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Minerals Co (AMEX:AUMN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

AUMN:Canada

Address

350 Indiana Street, Suite 650, Golden, CO, USA, 80401

Website

https://www.goldenminerals.com

Golden Minerals Co is an exploration stage company engaged in the mining, construction, and exploration of precious metals and mineral properties. It owns and operates Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants in the State of Durango, Mexico, the El Quevar exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located in or near historical precious metals producing regions of Mexico. The company's business is structured into two divisions, Mexico operations, and Corporate Exploration and Other.

Executives

Pablo Castanos	officer: Executive Vice President	350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Andrew Pullar	director	LANDMARK SQUARE, 1ST FL., 64 EARTH CLOSE, WEST BAY BEACH SOUTH, P.O. BOX 10795, GRAND CAYMAN E9 KY1-1007
William Durand Eppler	director	165 GILPIN STREET, DENVER CO 80218
David Watkins	director	1717 SASAMAT STREET, VANCOUVER A1 V6R 4S3
John Galassini	officer: Chief Operating Officer	350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Julie Weedman	officer: Senior VP and CFO	350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Robert P Vogels	officer: VP, Principal Acct Officer	1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Sentient Global Resources Fund Iii, Lp	10 percent owner	P O BOX 10795, HARBOUR CENTER, GEORGETOWN E9 KY1-1007
Warren Rehn	officer: SVP Exploration/Chief Geol.	350 INDIANA STREET, SUITE 800, GOLDEN CO 80401
Jeffrey G Clevenger	director, officer: Chief Executive Officer	1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Deborah J Friedman	officer: Sr VP, Gen. Coun. & Corp. Secy	1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Sentient Gp Iv, Lp	other: General Partner	P O BOX 10795, GRANDY CAYMAN KY1-1007 E9 00000
Sentient Global Resources Fund Iv, L.p.	10 percent owner	LANDMARK SQUARE, 64 EARTH CLOSE, WEST BAY BEACH SOUTH, GEORGE TOWN, GRAND CAYMAN E9 KY1-1107
Sentient Executive Gp Iv, Ltd	10 percent owner	P O BOX 10795, GRAND CAYMAN E9 KY1-1007
Michael Thomas Mason	director	142 STRATFORD AVE, GARDEN CITY NY 11530