S2 Minerals (XCNQ:STWO) Equity-to-Asset : 0.88 (As of Feb. 2024)

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What is S2 Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. S2 Minerals's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$0.64 Mil. S2 Minerals's Total Assets for the quarter that ended in Feb. 2024 was C$0.73 Mil.

The historical rank and industry rank for S2 Minerals's Equity-to-Asset or its related term are showing as below:

XCNQ:STWO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77 Med: 0.85 Max: 0.9
Current: 0.88

During the past 3 years, the highest Equity to Asset Ratio of S2 Minerals was 0.90. The lowest was 0.77. And the median was 0.85.

XCNQ:STWO's Equity-to-Asset is ranked better than
61.09% of 2701 companies
in the Metals & Mining industry
Industry Median: 0.8 vs XCNQ:STWO: 0.88

S2 Minerals Equity-to-Asset Historical Data

The historical data trend for S2 Minerals'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.

S2 Minerals Equity-to-Asset Chart

S2 Minerals Annual Data

Trend

May21

May22

May23

Equity-to-Asset

0.77

0.88

0.85

S2 Minerals Quarterly Data
	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Equity-to-Asset	Get a 7-Day Free Trial								0.78	0.85	0.86	0.85	0.88

Competitive Comparison of S2 Minerals's Equity-to-Asset

For the Gold subindustry, S2 Minerals'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.

S2 Minerals's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, S2 Minerals's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where S2 Minerals's Equity-to-Asset falls into.

S2 Minerals 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.

S2 Minerals's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1.049	/	1.23
	=

S2 Minerals's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	0.639	/	0.73
	=

S2 Minerals (XCNQ:STWO) 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%.

S2 Minerals Equity-to-Asset Related Terms

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