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Golden Spike ResourcesGSPRF Equity-to-Asset is 0.99 as of May. 2026, which is at its 10-year median of 0.99. The stock has 1 warning sign investors should review. Among 2,671 Metals & Mining companies, Golden Spike Resources ranks better than 97.75% on this metric.
Golden Spike Resources (OTCPK:GSPRF) 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 Spike Resources Equity-to-Asset Related Terms
Golden Spike Resources Equity-to-Asset Historical Data
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The historical data trend for Golden Spike Resources'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.
For the Other Precious Metals & Mining subindustry, Golden Spike Resources'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 Spike Resources Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Golden Spike Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Golden Spike Resources's Equity-to-Asset falls into.
Golden Spike Resources 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 Spike Resources's Equity to Asset Ratio for the fiscal year that ended in Aug. 2025 is calculated as
* 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.
Golden Spike Resources (GSPRF) has a Equity-to-Asset of 0.99 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Golden Spike Resources and its competitors. This is near median its historical median of 0.99. Over the past decade, Golden Spike Resources' Equity-to-Asset has ranged from 0.64 to 1.00. According to the industry distribution chart, Golden Spike Resources ranks #60 out of 2671 companies in the Metals & Mining industry, placing it in the top 2.2%.
Is Golden Spike Resources' Equity-to-Asset too high?
Golden Spike Resources' current Equity-to-Asset of 0.99 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.00. The Metals & Mining industry median Equity-to-Asset is 0.79. Golden Spike Resources' value of 0.99 is 25.3% above this industry median. Based on the distribution chart, Golden Spike Resources ranks #60 out of 2671 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Golden Spike Resources' Equity-to-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Golden Spike Resources ranks #60 out of 2671 companies for Equity-to-Asset. This places Golden Spike Resources in the top 2% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.79. Golden Spike Resources' value of 0.99 is 25.3% above this benchmark. Historically, Golden Spike Resources' own Equity-to-Asset has ranged from 0.64 to 1.00 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.79, Golden Spike Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.79, based on 2,671 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golden Spike Resources's current Equity-to-Asset of 0.99 is 25.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Golden Spike Resources and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Spike Resources's current Equity-to-Asset is 0.99, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Spike Resources stock overvalued right now?
Golden Spike Resources (GSPRF) has a current Equity-to-Asset of 0.99. The current Equity-to-Asset is 0.99, which is near median its 10-year median of 0.99 and 25.3% above the Metals & Mining industry median of 0.79. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Golden Spike Resources (GSPRF), the current Equity-to-Asset is 0.99 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Golden Spike Resources Corp is a mineral exploration company and its principal business is the acquisition and exploration of mineral properties with a focus on Canada. The company's project includes gregory river properties this mineral exploration property located in Newfoundland.
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