Gold and GemStone Mining (Gold and GemStone Mining) Equity-to-Asset : -356.00 (As of Oct. 2014)

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What is Gold and GemStone Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gold and GemStone Mining's Total Stockholders Equity for the quarter that ended in Oct. 2014 was $-0.36 Mil. Gold and GemStone Mining's Total Assets for the quarter that ended in Oct. 2014 was $0.00 Mil.

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

GGSM's Equity-to-Asset is not ranked ^*
in the Transportation industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Gold and GemStone Mining Equity-to-Asset Historical Data

The historical data trend for Gold and GemStone Mining'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.

Gold and GemStone Mining Equity-to-Asset Chart

Gold and GemStone Mining Annual Data

Trend

Jan10

Jan11

Jan12

Equity-to-Asset

0.44

Gold and GemStone Mining Quarterly Data
	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Apr14	Jul14	Oct14
Equity-to-Asset	Get a 7-Day Free Trial														-51.57	-506.00	-356.00	0.01	-356.00

Competitive Comparison of Gold and GemStone Mining's Equity-to-Asset

For the Marine Shipping subindustry, Gold and GemStone Mining'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.

Gold and GemStone Mining's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gold and GemStone Mining's Equity-to-Asset distribution charts can be found below:

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

Gold and GemStone Mining 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.

Gold and GemStone Mining's Equity to Asset Ratio for the fiscal year that ended in Jan. 2012 is calculated as

Equity to Asset (A: Jan. 2012 )	=	Total Stockholders Equity	/	Total Assets
	=	-0.017	/	0
	=

Gold and GemStone Mining's Equity to Asset Ratio for the quarter that ended in Oct. 2014 is calculated as

Equity to Asset (Q: Oct. 2014 )	=	Total Stockholders Equity	/	Total Assets
	=	-0.356	/	0.001
	=

Gold and GemStone Mining (OTCPK:GGSM) 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%.

Gold and GemStone Mining Equity-to-Asset Related Terms

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

Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gold and GemStone Mining Inc (OTCPK:GGSM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480

Website

https://www.ggsmglobal.com

Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.