South Star Battery Metals (South Star Battery Metals) Equity-to-Asset

: 0.41 (As of Sep. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. South Star Battery Metals's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $9.38 Mil. South Star Battery Metals's Total Assets for the quarter that ended in Sep. 2023 was $22.69 Mil.

The historical rank and industry rank for South Star Battery Metals's Equity-to-Asset or its related term are showing as below:

STSBF' s Equity-to-Asset Range Over the Past 10 Years
Min: -245 Med: 0.68 Max: 1
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of South Star Battery Metals was 1.00. The lowest was -245.00. And the median was 0.68.

STSBF's Equity-to-Asset is ranked worse than
78.64% of 2701 companies
in the Metals & Mining industry
Industry Median: 0.8 vs STSBF: 0.41

South Star Battery Metals Equity-to-Asset Historical Data

The historical data trend for South Star Battery Metals'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.

South Star Battery Metals Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

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0.99

0.97

0.88

0.96

0.42

South Star Battery Metals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.67	0.42	0.40	0.39	0.41

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, South Star Battery Metals'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.

South Star Battery Metals Equity-to-Asset Distribution

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

* The bar in red indicates where South Star Battery Metals's Equity-to-Asset falls into.

South Star Battery Metals 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.

South Star Battery Metals'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
	=	8.183	/	19.486
	=

South Star Battery Metals'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
	=	9.381	/	22.686
	=

South Star Battery Metals (OTCPK:STSBF) 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%.

South Star Battery Metals Equity-to-Asset Related Terms

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South Star Battery Metals (South Star Battery Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » South Star Battery Metals Corp (OTCPK:STSBF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

STS:Canada

Address

1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.southstarbatterymetals.com

South Star Battery Metals Corp is focused on the acquisition and development of near-term mine-production projects, particularly battery minerals for clean energy. The company is currently developing the Santa Cruz Graphite Project in Bahia State, Brazil and also the Alabama Graphite Project in the USA.