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Sigma Lithium (TSXV:SGML) Equity-to-Asset : 0.48 (As of Sep. 2023)


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What is Sigma Lithium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sigma Lithium's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$218.6 Mil. Sigma Lithium's Total Assets for the quarter that ended in Sep. 2023 was C$455.0 Mil. Therefore, Sigma Lithium's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.48.

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

TSXV:SGML' s Equity-to-Asset Range Over the Past 10 Years
Min: -11.33   Med: 0.64   Max: 0.97
Current: 0.48

During the past 11 years, the highest Equity to Asset Ratio of Sigma Lithium was 0.97. The lowest was -11.33. And the median was 0.64.

TSXV:SGML's Equity-to-Asset is ranked worse than
74.65% of 2702 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:SGML: 0.48

Sigma Lithium Equity-to-Asset Historical Data

The historical data trend for Sigma 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.

* Premium members only.

Sigma Lithium Equity-to-Asset Chart

Sigma Lithium Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.42 0.66 0.95 0.59

Sigma Lithium Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 0.59 0.49 0.46 0.48

Competitive Comparison of Sigma Lithium's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Sigma 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.


Sigma Lithium's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Sigma 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.

Sigma Lithium's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=183.106/308.908
=

Sigma Lithium's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=218.63/455.011
=0.48

* 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.


Sigma Lithium  (TSXV:SGML) 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%.


Sigma Lithium Equity-to-Asset Related Terms

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


Sigma Lithium (TSXV:SGML) Business Description

Traded in Other Exchanges
Address
Avenida Nove de Julho 4939, 9th Floor, Torre Europa, Itaim, Sao Paulo, SP, BRA, 01407-200
Sigma Lithium Corp is dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium. The company is in construction at its wholly owned Grota do Cirilo Project in Brazil, one of the largest and highest-grade hard rock lithium spodumene deposits in the Americas. It is committed to strong ESG practices and is aiming to be net zero emissions by 2024. Its green-friendly processing plant will use 100% renewable energy, 100% recycled water and 100% dry-stack tailings.

Sigma Lithium (TSXV:SGML) Headlines

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