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Americanlars Lithium (Americanlars Lithium) Equity-to-Asset : 0.87 (As of Mar. 2024)


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What is Americanlars Lithium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Americanlars Lithium's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $0.72 Mil. Americanlars Lithium's Total Assets for the quarter that ended in Mar. 2024 was $0.82 Mil.

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

ASALF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.81   Max: 1
Current: 0.88

During the past 4 years, the highest Equity to Asset Ratio of Americanlars Lithium was 1.00. The lowest was 0.16. And the median was 0.81.

ASALF's Equity-to-Asset is ranked better than
61.85% of 2713 companies
in the Metals & Mining industry
Industry Median: 0.79 vs ASALF: 0.88

Americanlars Lithium Equity-to-Asset Historical Data

The historical data trend for Americanlars Lithium'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.

Americanlars Lithium Equity-to-Asset Chart

Americanlars Lithium Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
0.64 0.17 0.43 0.95

Americanlars Lithium Quarterly Data
Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.82 1.00 0.95 0.95 0.87

Competitive Comparison of Americanlars Lithium's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Americanlars Lithium'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.


Americanlars Lithium's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Americanlars Lithium 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.

Americanlars Lithium'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
=0.409/0.43
=

Americanlars Lithium's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=0.717/0.82
=

* 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.


Americanlars Lithium  (OTCPK:ASALF) 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%.


Americanlars Lithium Equity-to-Asset Related Terms

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


Americanlars Lithium (Americanlars Lithium) Business Description

Comparable Companies
Traded in Other Exchanges
Address
200 - 551 Howe Street, Vancouver, BC, CAN, V6C 2C2
Website
American Salars Lithium Inc Formerly Blanton Resources Corp is engaged in the acquisition and exploration of mineral properties. The company is currently exploring the Nanaimo Mining Division of British Columbia.

Americanlars Lithium (Americanlars Lithium) Headlines

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