SLCO (Sovereign Lithium) Equity-to-Asset: 0.80 (As of Dec. 2013)

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What is Sovereign Lithium Equity-to-Asset?

Sovereign Lithium SLCO -99.00% Equity-to-Asset is 0.80 as of Dec. 2013.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sovereign Lithium's Total Stockholders Equity for the quarter that ended in Dec. 2013 was $0.02 Mil. Sovereign Lithium's Total Assets for the quarter that ended in Dec. 2013 was $0.02 Mil.

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

SLCO's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Sovereign Lithium  (OTCPK:SLCO) 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%.

Sovereign Lithium Equity-to-Asset Related Terms

Sovereign Lithium Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Sovereign Lithium'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.

Sovereign Lithium Equity-to-Asset Chart

Sovereign Lithium Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial -14.00 -47.00 0.00 0.95 0.80

Sovereign Lithium Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 0.95 0.97 0.93 0.89 0.80

Sovereign Lithium Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Sovereign Lithium'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.

Sovereign Lithium Equity-to-Asset vs Metals & Mining Industry

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

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


Sovereign Lithium 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.

Sovereign Lithium's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=0.016/0.02
=

Sovereign Lithium's Equity to Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

Equity to Asset (Q: Dec. 2013 )=Total Stockholders Equity/Total Assets
=0.016/0.02
=

* 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 0.80 mean?
Sovereign Lithium (SLCO) has a Equity-to-Asset of 0.80 as of Dec. 2013. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sovereign Lithium and its competitors.
Is Sovereign Lithium's Equity-to-Asset too high?
Sovereign Lithium's current Equity-to-Asset is 0.80. The Metals & Mining industry median Equity-to-Asset is 0.80. Sovereign Lithium's value of 0.80 is 0% at this industry median.
How does Sovereign Lithium's Equity-to-Asset compare to competitors?
Sovereign Lithium's Equity-to-Asset of 0.80 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. Sovereign Lithium's value of 0.80 is 0% at 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 Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,672 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. Sovereign Lithium's current Equity-to-Asset of 0.80 is 0% at 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 Sovereign Lithium and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sovereign Lithium's current Equity-to-Asset is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sovereign Lithium stock overvalued right now?
Sovereign Lithium (SLCO) has a current Equity-to-Asset of 0.80. The current Equity-to-Asset is 0.80 and 0% at the Metals & Mining industry median of 0.80. 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 Sovereign Lithium (SLCO), the current Equity-to-Asset is 0.80 as of Dec. 2013. 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.

Sovereign Lithium Business Description

Address 999 18th Street, Suite 3000, Denver, CO, USA, 80202
Sovereign Lithium Inc is a exploration stage mineral exploration and development company.