Sendero Resources (TSXV:SEND) Equity-to-Asset : 0.22 (As of Oct. 2024)

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What is Sendero Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sendero Resources's Total Stockholders Equity for the quarter that ended in Oct. 2024 was C$0.77 Mil. Sendero Resources's Total Assets for the quarter that ended in Oct. 2024 was C$3.59 Mil.

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

TSXV:SEND' s Equity-to-Asset Range Over the Past 10 Years
Min: -5.2 Med: 0.22 Max: 0.95
Current: 0.22

During the past 3 years, the highest Equity to Asset Ratio of Sendero Resources was 0.95. The lowest was -5.20. And the median was 0.22.

TSXV:SEND's Equity-to-Asset is ranked worse than
83.15% of 2664 companies
in the Metals & Mining industry
Industry Median: 0.78 vs TSXV:SEND: 0.22

Sendero Resources Equity-to-Asset Historical Data

The historical data trend for Sendero Resources'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.

Sendero Resources Equity-to-Asset Chart

Sendero Resources Annual Data

Trend

Jul22

Jul23

Jul24

Equity-to-Asset

-3.57

0.68

0.21

Sendero Resources Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Equity-to-Asset	Get a 7-Day Free Trial							0.95	0.94	0.50	0.21	0.22

Competitive Comparison of Sendero Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Sendero Resources'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.

Sendero Resources's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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

Sendero Resources 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.

Sendero Resources's Equity to Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Equity to Asset (A: Jul. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	0.715	/	3.471
	=

Sendero Resources's Equity to Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

Equity to Asset (Q: Oct. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	0.772	/	3.594
	=

Sendero Resources (TSXV:SEND) 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%.

Sendero Resources Equity-to-Asset Related Terms

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

Sendero Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sendero Resources Corp (TSXV:SEND) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SRRCF:USA

Address

1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3

Website

https://www.senderoresources.com

Sendero Resources Corp is a Dynamic exploration company whose only business is the identification of resource properties for exploration and development and its principal asset is its interest in the Penas Negras Property located in north western Argentina in the General La Madrid department in the province of La Rioja.

Executives