LGLOF (Green Block Mining) Equity-to-Asset: 0.20 (As of Aug. 2021)

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What is Green Block Mining Equity-to-Asset?

Green Block Mining LGLOF -90.00% Equity-to-Asset is 0.20 as of Aug. 2021.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Green Block Mining's Total Stockholders Equity for the quarter that ended in Aug. 2021 was $2.49 Mil. Green Block Mining's Total Assets for the quarter that ended in Aug. 2021 was $12.60 Mil. Therefore, Green Block Mining's Equity to Asset Ratio for the quarter that ended in Aug. 2021 was 0.20.

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

LGLOF's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

Green Block Mining  (OTCPK:LGLOF) 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%.


Green Block Mining Equity-to-Asset Related Terms


Green Block Mining Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Green Block 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.

Green Block Mining Equity-to-Asset Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Equity-to-Asset
-1.83 -0.98 -0.39

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 -0.49 -0.39 -0.42 0.16 0.20

LGLOF vs CRM, INTU, NOW: Equity-to-Asset Comparison

For the Software - Application subindustry, Green Block 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.


Green Block Mining Equity-to-Asset vs Software Industry

For the Software industry and Technology sector, Green Block Mining's Equity-to-Asset distribution charts can be found below:

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



Green Block 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.

Green Block Mining's Equity to Asset Ratio for the fiscal year that ended in Nov. 2020 is calculated as

Equity to Asset (A: Nov. 2020 )=Total Stockholders Equity/Total Assets
=-2.039477/5.174618
=-0.39

Green Block Mining's Equity to Asset Ratio for the quarter that ended in Aug. 2021 is calculated as

Equity to Asset (Q: Aug. 2021 )=Total Stockholders Equity/Total Assets
=2.485882/12.595799
=0.20

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.20 mean?
Green Block Mining (LGLOF) has a Equity-to-Asset of 0.20 as of Aug. 2021. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Equity-to-Asset too high?
Green Block Mining's current Equity-to-Asset is 0.20. The Software industry median Equity-to-Asset is 0.55. Green Block Mining's value of 0.20 is 63.6% below this industry median.
How does Green Block Mining's Equity-to-Asset compare to CRM and INTU?
Green Block Mining's Equity-to-Asset of 0.20 can be compared against companies in the Software industry. The industry median Equity-to-Asset is 0.55. Green Block Mining's value of 0.20 is 63.6% below this benchmark. 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 Software company?
The median Equity-to-Asset among Software companies is 0.55, based on 2,894 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. Green Block Mining's current Equity-to-Asset of 0.20 is 63.6% below 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 Green Block Mining and its competitors. For the Software industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Block Mining's current Equity-to-Asset is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Equity-to-Asset of 0.20. The current Equity-to-Asset is 0.20 and 63.6% below the Software industry median of 0.55. 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 Green Block Mining (LGLOF), the current Equity-to-Asset is 0.20 as of Aug. 2021. 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.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.