LKAI (LKA Gold) Equity-to-Asset: -0.40 (As of Sep. 2019)

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LKAI LKA Gold Inc LKAI
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What is LKA Gold Equity-to-Asset?

LKA Gold LKAI 12 Equity-to-Asset is -0.40 as of Sep. 2019. GuruFocus rates LKAI with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LKA Gold's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-0.24 Mil. LKA Gold's Total Assets for the quarter that ended in Sep. 2019 was $0.60 Mil.

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

LKAI's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

LKA Gold  (OTCPK:LKAI) 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%.


LKA Gold Equity-to-Asset Related Terms


LKA Gold Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for LKA 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.

LKA Gold Equity-to-Asset Chart

LKA Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.19 -1.06 -0.66 -0.02

LKA Gold Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.28 -0.02 -0.14 -0.28 -0.40

LKAI vs IMII, GLNS, GRMC: Equity-to-Asset Comparison

For the Gold subindustry, LKA 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.


LKA Gold Equity-to-Asset vs Metals & Mining Industry

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

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


LKAI
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LKA Gold Inc LKAI
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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LKA 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.

LKA Gold's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=-0.014/0.662
=

LKA Gold's Equity to Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

Equity to Asset (Q: Sep. 2019 )=Total Stockholders Equity/Total Assets
=-0.241/0.597
=

* 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 -0.40 mean?
LKA Gold (LKAI) has a Equity-to-Asset of -0.40 as of Sep. 2019. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on LKA Gold and its competitors.
Is LKA Gold's Equity-to-Asset too high?
LKA Gold's current Equity-to-Asset is -0.40. Overall, LKA Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does LKA Gold's Equity-to-Asset compare to IMII and GLNS?
LKA Gold's Equity-to-Asset of -0.40 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.79. 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 2,670 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. 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 LKA Gold 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. LKA Gold's current Equity-to-Asset is -0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LKA Gold stock overvalued right now?
LKA Gold (LKAI) has a current Equity-to-Asset of -0.40. The current Equity-to-Asset is -0.40. LKA Gold's overall GF Score™ is 12/100. 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 LKA Gold (LKAI), the current Equity-to-Asset is -0.40 as of Sep. 2019. 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.

LKA Gold Business Description

Address 3724 47th Street Ct. N.W., Gig Harbor, WA, USA, 98335
LKA Gold Inc is a gold mining and exploration company located in Gig Harbor, WA. The company's primary asset is a high-grade gold-producing property known as the Golden Wonder mine located in Colorado.
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