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Lincoln Gold Mining (Lincoln Gold Mining) Equity-to-Asset : -2.32 (As of Sep. 2023)


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What is Lincoln Gold Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lincoln Gold Mining's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-1.40 Mil. Lincoln Gold Mining's Total Assets for the quarter that ended in Sep. 2023 was $0.61 Mil.

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

LNCLF' s Equity-to-Asset Range Over the Past 10 Years
Min: -132.92   Med: -6.57   Max: -0.74
Current: -2.32

During the past 13 years, the highest Equity to Asset Ratio of Lincoln Gold Mining was -0.74. The lowest was -132.92. And the median was -6.57.

LNCLF's Equity-to-Asset is ranked worse than
94.72% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs LNCLF: -2.32

Lincoln Gold Mining Equity-to-Asset Historical Data

The historical data trend for Lincoln Gold 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.

Lincoln Gold Mining Equity-to-Asset Chart

Lincoln Gold Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.40 -7.19 -2.32 -1.42 -2.60

Lincoln Gold Mining Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -2.23 -2.60 -2.77 -1.59 -2.32

Competitive Comparison of Lincoln Gold Mining's Equity-to-Asset

For the Gold subindustry, Lincoln Gold 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.


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

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

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



Lincoln Gold 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.

Lincoln Gold Mining's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-1.887/0.726
=

Lincoln Gold Mining's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-1.403/0.605
=

* 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.


Lincoln Gold Mining  (OTCPK:LNCLF) 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%.


Lincoln Gold Mining Equity-to-Asset Related Terms

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


Lincoln Gold Mining (Lincoln Gold Mining) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.
Executives
Andrew Milligan director 5811 MARQUERITE ST, VANCOUVER BC A1 9999999999
Paul F Saxton director, 10 percent owner, officer: CEO CFO Pres. Sec. & Treasurer SUITE 350 - 885 DUNSMUIR, VANCOUVER A1 V6C 1N5
Jeffrey Wilson officer: COO and VP, Exploration 325 TAHOE DRIVE, CARSON CITY NV 89703
Andrew Bowering director SUITE 350, 885 DUNSMUIR STREET, VANCOUVER A1 V6C 1N5
James Chapman director 1455 UPLAND TRAIL, PO BOX J18, BOWEN ISLAND BC A1 999999999
Steven Chi director 12970 WEST GINGER CREEK DRIVE, BOISE ID 83713
James Currie director 2077 ESSEX DR, ABBOTSFORD A1 999999999
Alexander Holtermann 10 percent owner KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598

Lincoln Gold Mining (Lincoln Gold Mining) Headlines

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Lincoln Advances Preproduction Permitting Process at Pine Grove

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Lincoln Gold Debt Settlement Approved

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