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Guyana Gold (Guyana Gold) Equity-to-Asset : -45.33 (As of Sep. 2023)


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What is Guyana Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Guyana Gold's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.27 Mil. Guyana Gold's Total Assets for the quarter that ended in Sep. 2023 was $0.01 Mil.

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

GYGC's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

Guyana Gold Equity-to-Asset Historical Data

The historical data trend for Guyana 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.

Guyana Gold Equity-to-Asset Chart

Guyana Gold Annual Data
Trend
Equity-to-Asset

Guyana Gold Semi-Annual Data
Sep23
Equity-to-Asset -45.33

Competitive Comparison of Guyana Gold's Equity-to-Asset

For the Shell Companies subindustry, Guyana 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.


Guyana Gold's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Guyana Gold's Equity-to-Asset distribution charts can be found below:

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



Guyana 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.

Guyana Gold's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
=/
=

Guyana Gold'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
=-0.272/0.006
=

* 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.


Guyana Gold  (OTCPK:GYGC) 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%.


Guyana Gold Equity-to-Asset Related Terms

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


Guyana Gold (Guyana Gold) Business Description

Traded in Other Exchanges
N/A
Address
12464 Quaker Street, Suite 200-A, Constantine, MI, USA, 492042
Guyana Gold Corp is currently not engaged in any business activity.

Guyana Gold (Guyana Gold) Headlines

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