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Southstone MineralsTSXV:SML Equity-to-Asset is -0.48 as of May. 2026. The stock has 3 warning signs investors should review. Among 2,672 Metals & Mining companies, Southstone Minerals ranks worse than 92.1% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Southstone Minerals's Total Stockholders Equity for the quarter that ended in May. 2026 was C$-1.34 Mil. Southstone Minerals's Total Assets for the quarter that ended in May. 2026 was C$2.77 Mil.
Therefore, Southstone Minerals's Equity to Asset Ratio for the quarter that ended in May. 2026 was -0.48.
The historical rank and industry rank for Southstone Minerals's Equity-to-Asset or its related term are showing as below:
TSXV:SML'
s Equity-to-Asset Range Over the Past 10 Years
Min: -7.04 Med: -0.44 Max: 0.08
Current: -0.48
During the past 13 years, the highest Equity to Asset Ratio of Southstone Minerals was 0.08. The lowest was -7.04. And the median was -0.44.
TSXV:SML's Equity-to-Asset is ranked worse than 92.1% of 2672
companies
in the Metals & Mining industry
Industry Median: 0.8
vs TSXV:SML: -0.48
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%.
Southstone Minerals Equity-to-Asset Related Terms
Southstone Minerals Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Southstone Minerals'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.
For the Other Precious Metals & Mining subindustry, Southstone Minerals'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.
Southstone Minerals Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Southstone Minerals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Southstone Minerals's Equity-to-Asset falls into.
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.
Southstone Minerals's Equity to Asset Ratio for the fiscal year that ended in Aug. 2025 is calculated as
* 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.
Southstone Minerals (TSXV:SML) has a Equity-to-Asset of -0.48 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Southstone Minerals and its competitors. According to the industry distribution chart, Southstone Minerals ranks #2461 out of 2672 companies in the Metals & Mining industry, placing it in the top 92.1%.
Is Southstone Minerals' Equity-to-Asset too high?
Southstone Minerals' current Equity-to-Asset is -0.48. Based on the distribution chart, Southstone Minerals ranks #2461 out of 2672 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Southstone Minerals' Equity-to-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Southstone Minerals ranks #2461 out of 2672 companies for Equity-to-Asset. This places Southstone Minerals in the lower half of its industry. The industry median Equity-to-Asset is 0.80. 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. 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 Southstone Minerals 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. Southstone Minerals's current Equity-to-Asset is -0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southstone Minerals stock overvalued right now?
Based on GuruFocus' analysis, Southstone Minerals (TSXV:SML) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.08, compared to a current price of C$0.05 — trading 37.5% below its estimated fair value. The current Equity-to-Asset is -0.48. 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 Southstone Minerals (TSXV:SML), the current Equity-to-Asset is -0.48 as of May. 2026. 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.
Southstone Minerals Ltd is a Canadian junior mining company engaged in the acquisition, exploration, evaluation, development, and mining of mineral properties. It holds the majority interest in the Oena Diamond Mine, an alluvial diamond property located in the Northern Cape Province, South Africa, that produces diamonds of varying sizes and characteristics, including occasional larger stones. The company generates revenue from the sale of diamonds.
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