San Lorenzo Gold (TSXV:SLG) Equity-to-Asset : 0.67 (As of Sep. 2023)

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What is San Lorenzo Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. San Lorenzo Gold's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$3.66 Mil. San Lorenzo Gold's Total Assets for the quarter that ended in Sep. 2023 was C$5.45 Mil.

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

TSXV:SLG' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.09 Med: 0.67 Max: 0.76
Current: 0.67

During the past 4 years, the highest Equity to Asset Ratio of San Lorenzo Gold was 0.76. The lowest was -0.09. And the median was 0.67.

TSXV:SLG's Equity-to-Asset is ranked worse than
61.97% of 2703 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:SLG: 0.67

San Lorenzo Gold Equity-to-Asset Historical Data

The historical data trend for San Lorenzo Gold'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.

San Lorenzo Gold Equity-to-Asset Chart

San Lorenzo Gold Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

-0.09

0.67

0.64

0.76

San Lorenzo Gold Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial							0.73	0.73	0.76	0.67	0.67

Competitive Comparison of San Lorenzo Gold's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, San Lorenzo Gold'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.

San Lorenzo Gold's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where San Lorenzo Gold's Equity-to-Asset falls into.

San Lorenzo Gold 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.

San Lorenzo Gold'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
	=	3.207	/	4.195
	=

San Lorenzo Gold'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
	=	3.664	/	5.454
	=

San Lorenzo Gold (TSXV:SLG) 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%.

San Lorenzo Gold Equity-to-Asset Related Terms

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