GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Palisades Goldcorp Ltd (TSXV:PALI) » Definitions » Equity-to-Asset

Palisades Goldcorp (TSXV:PALI) Equity-to-Asset : 0.77 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Palisades Goldcorp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Palisades Goldcorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$174.75 Mil. Palisades Goldcorp's Total Assets for the quarter that ended in Dec. 2023 was C$226.98 Mil.

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

TSXV:PALI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.77   Max: 0.77
Current: 0.77

During the past 3 years, the highest Equity to Asset Ratio of Palisades Goldcorp was 0.77. The lowest was 0.74. And the median was 0.77.

TSXV:PALI's Equity-to-Asset is ranked worse than
52.18% of 2712 companies
in the Metals & Mining industry
Industry Median: 0.79 vs TSXV:PALI: 0.77

Palisades Goldcorp Equity-to-Asset Historical Data

The historical data trend for Palisades Goldcorp'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.

Palisades Goldcorp Equity-to-Asset Chart

Palisades Goldcorp Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.74 0.77 0.77

Palisades Goldcorp Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.77 0.77 0.77 0.77 0.77

Competitive Comparison of Palisades Goldcorp's Equity-to-Asset

For the Gold subindustry, Palisades Goldcorp'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.


Palisades Goldcorp's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Palisades Goldcorp 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.

Palisades Goldcorp'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
=174.753/226.981
=

Palisades Goldcorp'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
=174.753/226.981
=

* 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.


Palisades Goldcorp  (TSXV:PALI) 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%.


Palisades Goldcorp Equity-to-Asset Related Terms

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


Palisades Goldcorp (TSXV:PALI) Business Description

Traded in Other Exchanges
Address
WeWork c/o Palisades Goldcorp Ltd.,1600 - 595 Burrard Street, Vancouver, BC, CAN, V7X 1L4
Palisades Goldcorp Ltd is a Canadian resource merchant bank. The company is engaged in investing in resource properties.
Executives
Michael A Parker 10% Security Holder