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Spirit Blockchain Capital (Spirit Blockchain Capital) Equity-to-Asset : -0.88 (As of Dec. 2023)


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What is Spirit Blockchain Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Spirit Blockchain Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.75 Mil. Spirit Blockchain Capital's Total Assets for the quarter that ended in Dec. 2023 was $0.85 Mil. Therefore, Spirit Blockchain Capital's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.88.

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

SBLCF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.88   Med: 0.12   Max: 0.93
Current: -0.88

During the past 3 years, the highest Equity to Asset Ratio of Spirit Blockchain Capital was 0.93. The lowest was -0.88. And the median was 0.12.

SBLCF's Equity-to-Asset is ranked worse than
97.26% of 802 companies
in the Capital Markets industry
Industry Median: 0.5 vs SBLCF: -0.88

Spirit Blockchain Capital Equity-to-Asset Historical Data

The historical data trend for Spirit Blockchain Capital'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.

Spirit Blockchain Capital Equity-to-Asset Chart

Spirit Blockchain Capital Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.93 0.13 -0.88

Spirit Blockchain Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.13 0.29 0.03 -0.05 -0.88

Competitive Comparison of Spirit Blockchain Capital's Equity-to-Asset

For the Capital Markets subindustry, Spirit Blockchain Capital'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.


Spirit Blockchain Capital's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Spirit Blockchain Capital's Equity-to-Asset distribution charts can be found below:

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



Spirit Blockchain Capital 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.

Spirit Blockchain Capital's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.747/0.849
=-0.88

Spirit Blockchain Capital's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.747/0.849
=-0.88

* 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.


Spirit Blockchain Capital  (GREY:SBLCF) 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%.


Spirit Blockchain Capital Equity-to-Asset Related Terms

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Spirit Blockchain Capital (Spirit Blockchain Capital) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 1570, One Bentall Centre, Vancouver, BC, CAN, V7X 1M5
Spirit Blockchain Capital Inc is a blockchain company providing capital to blockchain ecosystem participants and blockchain research and advisory services. The company aims to supply capital to the blockchain ecosystem through lending, staking, streaming, and mining. The company also provides blockchain advisory and research services.

Spirit Blockchain Capital (Spirit Blockchain Capital) Headlines