Starlo Ventures (XCNQ:SLO) Equity-to-Asset : 0.76 (As of Dec. 2023)

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What is Starlo Ventures Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Starlo Ventures's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$0.06 Mil. Starlo Ventures's Total Assets for the quarter that ended in Dec. 2023 was C$0.08 Mil.

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

XCNQ:SLO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.76 Med: 0.77 Max: 0.78
Current: 0.76

During the past 2 years, the highest Equity to Asset Ratio of Starlo Ventures was 0.78. The lowest was 0.76. And the median was 0.77.

XCNQ:SLO's Equity-to-Asset is ranked worse than
53.64% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs XCNQ:SLO: 0.76

Starlo Ventures Equity-to-Asset Historical Data

The historical data trend for Starlo Ventures'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.

Starlo Ventures Equity-to-Asset Chart

Starlo Ventures Annual Data

Trend

Dec22

Dec23

Equity-to-Asset

0.78

0.76

Starlo Ventures Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.78	0.63	0.95	0.97	0.76

Competitive Comparison of Starlo Ventures's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Starlo Ventures'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.

Starlo Ventures's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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

Starlo Ventures 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.

Starlo Ventures's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	0.062	/	0.082
	=

Starlo Ventures's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	0.062	/	0.082
	=

Starlo Ventures (XCNQ:SLO) 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%.

Starlo Ventures Equity-to-Asset Related Terms

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

Starlo Ventures (XCNQ:SLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Starlo Ventures Ltd (XCNQ:SLO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6

Website

Starlo Ventures Ltd is engaged in the business of mineral exploration with a focus on precious metals. It holds interest in Mount Richards Property which is located on the southern part of Vancouver Island, British Columbia within a belt of Devonian volcanic and sedimentary rocks.

Starlo Ventures (XCNQ:SLO) Headlines

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