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SALi Lithium (XCNQ:SALI) Equity-to-Asset : 0.78 (As of Nov. 2024)


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What is SALi Lithium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SALi Lithium's Total Stockholders Equity for the quarter that ended in Nov. 2024 was C$2.19 Mil. SALi Lithium's Total Assets for the quarter that ended in Nov. 2024 was C$2.80 Mil.

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

XCNQ:SALI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.78   Med: 0.79   Max: 0.97
Current: 0.78

During the past 2 years, the highest Equity to Asset Ratio of SALi Lithium was 0.97. The lowest was 0.78. And the median was 0.79.

XCNQ:SALI's Equity-to-Asset is ranked better than
50.24% of 2669 companies
in the Metals & Mining industry
Industry Median: 0.78 vs XCNQ:SALI: 0.78

SALi Lithium Equity-to-Asset Historical Data

The historical data trend for SALi 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.

SALi Lithium Equity-to-Asset Chart

SALi Lithium Annual Data
Trend Feb23 Feb24
Equity-to-Asset
0.97 0.86

SALi Lithium Quarterly Data
Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Equity-to-Asset Get a 7-Day Free Trial - 0.86 0.78 0.79 0.78

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

For the Other Industrial Metals & Mining subindustry, SALi 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.


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

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

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


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SALi 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.

SALi Lithium's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Equity to Asset (A: Feb. 2024 )=Total Stockholders Equity/Total Assets
=2.867/3.338
=

SALi Lithium's Equity to Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

Equity to Asset (Q: Nov. 2024 )=Total Stockholders Equity/Total Assets
=2.194/2.8
=

* 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.


SALi Lithium  (XCNQ:SALI) 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%.


SALi Lithium Equity-to-Asset Related Terms

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


SALi Lithium Business Description

Traded in Other Exchanges
N/A
Address
905 West Pender Street, 6th Floor, Vancouver, BC, CAN, V6C 1L6
SALi Lithium Corp is Mineral exploration company whose principal business purpose since incorporation is the identification, acquisition, evaluation, and exploration of mineral properties. It has a material mineral project in Argentina which is the El Quemado Project.

SALi Lithium Headlines

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