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GSP Resource (STU:0YD) Equity-to-Asset : 0.93 (As of Nov. 2023)


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What is GSP Resource Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GSP Resource's Total Stockholders Equity for the quarter that ended in Nov. 2023 was €1.77 Mil. GSP Resource's Total Assets for the quarter that ended in Nov. 2023 was €1.91 Mil.

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

STU:0YD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83   Med: 0.98   Max: 1
Current: 0.93

During the past 6 years, the highest Equity to Asset Ratio of GSP Resource was 1.00. The lowest was 0.83. And the median was 0.98.

STU:0YD's Equity-to-Asset is ranked better than
72.47% of 2710 companies
in the Metals & Mining industry
Industry Median: 0.8 vs STU:0YD: 0.93

GSP Resource Equity-to-Asset Historical Data

The historical data trend for GSP Resource'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.

GSP Resource Equity-to-Asset Chart

GSP Resource Annual Data
Trend May18 May19 May20 May21 May22 May23
Equity-to-Asset
Get a 7-Day Free Trial 0.97 0.99 0.99 0.99 0.93

GSP Resource Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.97 0.98 0.93 0.98 0.93

Competitive Comparison of GSP Resource's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, GSP Resource'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.


GSP Resource's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



GSP Resource 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.

GSP Resource'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
=1.514/1.633
=

GSP Resource's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=1.77/1.912
=

* 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.


GSP Resource  (STU:0YD) 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%.


GSP Resource Equity-to-Asset Related Terms

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


GSP Resource (STU:0YD) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1610, Vancouver, BC, CAN, V7Y 1K4
GSP Resource Corp is a Canada based natural resource company engaged in the acquisition and exploration of mining properties. Its main emphasis is on the exploration of sulphide deposits with gold, platinum and palladium deposits in the Similkameen Mining Division, British Columbia. Its property holding includes Olivine Property.

GSP Resource (STU:0YD) Headlines

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