GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resource Capital Gold Corp (OTCPK:GDPEF) » Definitions » Equity-to-Asset

Resource Capital Gold (Resource Capital Gold) Equity-to-Asset : 0.39 (As of Sep. 2018)


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

What is Resource Capital Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Resource Capital Gold's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $9.75 Mil. Resource Capital Gold's Total Assets for the quarter that ended in Sep. 2018 was $25.22 Mil.

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

GDPEF's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Resource Capital Gold Equity-to-Asset Historical Data

The historical data trend for Resource Capital Gold'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.

Resource Capital Gold Equity-to-Asset Chart

Resource Capital Gold Annual Data
Trend Apr09 Apr10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.51 -3.33 0.33 0.39

Resource Capital Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.44 0.63 0.61 0.39 0.39

Competitive Comparison of Resource Capital Gold's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Resource Capital Gold'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.


Resource Capital Gold's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Resource Capital Gold's Equity-to-Asset falls into.



Resource Capital Gold 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.

Resource Capital Gold's Equity to Asset Ratio for the fiscal year that ended in Jun. 2018 is calculated as

Equity to Asset (A: Jun. 2018 )=Total Stockholders Equity/Total Assets
=9.874/25.21
=

Resource Capital Gold's Equity to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Equity to Asset (Q: Sep. 2018 )=Total Stockholders Equity/Total Assets
=9.748/25.224
=

* 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.


Resource Capital Gold  (OTCPK:GDPEF) 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%.


Resource Capital Gold Equity-to-Asset Related Terms

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


Resource Capital Gold (Resource Capital Gold) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.

Resource Capital Gold (Resource Capital Gold) Headlines

From GuruFocus

Resource Capital Gold Closes Second Tranche of Non-Brokered Financing

By GlobeNewswire GlobeNewswire 03-16-2018

Resource Capital Gold: Board of Director Resignation

By GlobeNewswire GlobeNewswire 11-03-2018