GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guskin Gold Corp (OTCPK:GKIN) » Definitions » Equity-to-Asset

Guskin Gold (Guskin Gold) Equity-to-Asset : -14.16 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Guskin Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Guskin Gold's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-2.39 Mil. Guskin Gold's Total Assets for the quarter that ended in Dec. 2023 was $0.17 Mil.

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

GKIN' s Equity-to-Asset Range Over the Past 10 Years
Min: -1240.57   Med: -5.2   Max: 0.3
Current: -14.16

During the past 13 years, the highest Equity to Asset Ratio of Guskin Gold was 0.30. The lowest was -1240.57. And the median was -5.20.

GKIN's Equity-to-Asset is ranked worse than
97.71% of 2703 companies
in the Metals & Mining industry
Industry Median: 0.8 vs GKIN: -14.16

Guskin Gold Equity-to-Asset Historical Data

The historical data trend for Guskin Gold'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.

Guskin Gold Equity-to-Asset Chart

Guskin Gold Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -158.43 -1,061.73 -22.19 -15.29

Guskin Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -17.78 -16.32 -10.60 -15.29 -14.16

Competitive Comparison of Guskin Gold's Equity-to-Asset

For the Gold subindustry, Guskin Gold'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.


Guskin Gold's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Guskin Gold 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.

Guskin Gold's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-2.569/0.168
=

Guskin Gold'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
=-2.393/0.169
=

* 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.


Guskin Gold  (OTCPK:GKIN) 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%.


Guskin Gold Equity-to-Asset Related Terms

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


Guskin Gold (Guskin Gold) Business Description

Traded in Other Exchanges
N/A
Address
4500 Great America Parkway, Suite 100, PMB 38, Santa Clara, CA, USA, 95054
Guskin Gold Corp is an early-stage development company focusing on the acquisition and exploration of gold properties and the development of gold mining operations in the Republic of Ghana. It holds an interest in the Kukuom Gold project and The TEPA Gold Mine.
Executives
Scott J Silverman director, 10 percent owner, officer: CEO, CFO, Pres, Sec. & Treas 1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134
Trig Special Purpose I, Llc 10 percent owner 590 MADISON AVENUE, SUITE 2127, NEW YORK NY 10022