GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southridge Enterprises Inc (GREY:SRGE) » Definitions » Equity-to-Asset

SRGE (Southridge Enterprises) Equity-to-Asset : 0.64 (As of May. 2008)


View and export this data going back to 2005. Start your Free Trial

What is Southridge Enterprises Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Southridge Enterprises's Total Stockholders Equity for the quarter that ended in May. 2008 was $6.00 Mil. Southridge Enterprises's Total Assets for the quarter that ended in May. 2008 was $9.44 Mil. Therefore, Southridge Enterprises's Equity to Asset Ratio for the quarter that ended in May. 2008 was 0.64.

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

SRGE'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.

Southridge Enterprises Equity-to-Asset Historical Data

The historical data trend for Southridge Enterprises'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.

Southridge Enterprises Equity-to-Asset Chart

Southridge Enterprises Annual Data
Trend Aug06 Aug07
Equity-to-Asset
-2.25 -2.25

Southridge Enterprises Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.96 -2.25 -1.96 0.43 0.64

Competitive Comparison of Southridge Enterprises's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Southridge Enterprises'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.


Southridge Enterprises's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Southridge Enterprises 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.

Southridge Enterprises's Equity to Asset Ratio for the fiscal year that ended in Aug. 2007 is calculated as

Equity to Asset (A: Aug. 2007 )=Total Stockholders Equity/Total Assets
=-0.018/0.008
=

Southridge Enterprises's Equity to Asset Ratio for the quarter that ended in May. 2008 is calculated as

Equity to Asset (Q: May. 2008 )=Total Stockholders Equity/Total Assets
=6.001/9.44
=0.64

* 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.


Southridge Enterprises  (GREY:SRGE) 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%.


Southridge Enterprises Equity-to-Asset Related Terms

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


Southridge Enterprises Business Description

Traded in Other Exchanges
N/A
Address
3625 N. Hall Street, Suite 900, Dallas, TX, USA, 75219
Southridge Enterprises Inc is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties.

Southridge Enterprises Headlines

No Headlines