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Kesselrun Resources (Kesselrun Resources) Equity-to-Asset : 0.80 (As of Jan. 2024)


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What is Kesselrun Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kesselrun Resources's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $6.93 Mil. Kesselrun Resources's Total Assets for the quarter that ended in Jan. 2024 was $8.64 Mil.

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

KSSRF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.76   Med: 0.89   Max: 0.99
Current: 0.8

During the past 12 years, the highest Equity to Asset Ratio of Kesselrun Resources was 0.99. The lowest was 0.76. And the median was 0.89.

KSSRF's Equity-to-Asset is ranked better than
50.13% of 2703 companies
in the Metals & Mining industry
Industry Median: 0.8 vs KSSRF: 0.80

Kesselrun Resources Equity-to-Asset Historical Data

The historical data trend for Kesselrun Resources'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.

Kesselrun Resources Equity-to-Asset Chart

Kesselrun Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.87 0.91 0.85 0.87

Kesselrun Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.94 0.94 0.87 0.83 0.80

Competitive Comparison of Kesselrun Resources's Equity-to-Asset

For the Gold subindustry, Kesselrun Resources'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.


Kesselrun Resources's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Kesselrun Resources 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.

Kesselrun Resources's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=7.202/8.313
=

Kesselrun Resources's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=6.934/8.639
=

* 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.


Kesselrun Resources  (OTCPK:KSSRF) 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%.


Kesselrun Resources Equity-to-Asset Related Terms

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


Kesselrun Resources (Kesselrun Resources) Business Description

Traded in Other Exchanges
Address
278 Bay Street, Suite 102, Thunder Bay, ON, CAN, P7B 1R8
Kesselrun Resources Ltd is engaged in the acquisition, exploration, and development of mineral properties. Its principal focus is its Bluffpoint property located in Bluffpoint Lake Township, with portions extending into the townships of Lawrence Lake, Napanee Lake, and Barker Bay in the Kenora Mining Division of Northwestern Ontario. It also holds an interest in the Huronian Property, which is located in Moss Township, Thunder Bay Mining Division, Ontario. the Huronian property is wholly owned by the company and provides gold trends and other materials.

Kesselrun Resources (Kesselrun Resources) Headlines