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Santacruz Silver Mining (TSXV:SCZ) Equity-to-Asset : -0.03 (As of Sep. 2023)


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What is Santacruz Silver Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Santacruz Silver Mining's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$-16.2 Mil. Santacruz Silver Mining's Total Assets for the quarter that ended in Sep. 2023 was C$486.9 Mil. Therefore, Santacruz Silver Mining's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.03.

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

TSXV:SCZ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.78   Med: 0.2   Max: 0.92
Current: -0.03

During the past 13 years, the highest Equity to Asset Ratio of Santacruz Silver Mining was 0.92. The lowest was -0.78. And the median was 0.20.

TSXV:SCZ's Equity-to-Asset is ranked worse than
89.45% of 2701 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:SCZ: -0.03

Santacruz Silver Mining Equity-to-Asset Historical Data

The historical data trend for Santacruz Silver Mining'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.

Santacruz Silver Mining Equity-to-Asset Chart

Santacruz Silver Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 -0.69 -0.29 0.05 -0.04

Santacruz Silver Mining Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.03 -0.04 -0.04 -0.04 -0.03

Competitive Comparison of Santacruz Silver Mining's Equity-to-Asset

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


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

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

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



Santacruz Silver Mining 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.

Santacruz Silver Mining's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-17.708/458.521
=-0.04

Santacruz Silver Mining's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-16.171/486.874
=-0.03

* 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.


Santacruz Silver Mining  (TSXV:SCZ) 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%.


Santacruz Silver Mining Equity-to-Asset Related Terms

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


Santacruz Silver Mining (TSXV:SCZ) Business Description

Traded in Other Exchanges
Address
1140 West Pender Street, Suite 480, Vancouver, BC, CAN
Santacruz Silver Mining Ltd is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin America, with a primary focus on silver and zinc, including lead and copper. The company has one producing project, the Zimapan Mine, and two exploration properties in its mineral property portfolio, the La Pechuga Property, and the Santa Gorgonia Prospect. The company earns the majority of its revenue from Zinc and Silver. The company's reportable operating segments are the Bolivar mine and processing plant, the Porco mine and processing plant, the Caballo Blanco Group, San Lucas, Zimapan, and Corporate and Other activities.

Santacruz Silver Mining (TSXV:SCZ) Headlines

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