GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kapa Gold Inc (TSXV:KAPA) » Definitions » Equity-to-Asset

Kapa Gold (TSXV:KAPA) Equity-to-Asset : 0.91 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Kapa Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kapa Gold's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$2.47 Mil. Kapa Gold's Total Assets for the quarter that ended in Dec. 2023 was C$2.73 Mil.

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

TSXV:KAPA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83   Med: 0.94   Max: 1
Current: 0.91

During the past 6 years, the highest Equity to Asset Ratio of Kapa Gold was 1.00. The lowest was 0.83. And the median was 0.94.

TSXV:KAPA's Equity-to-Asset is ranked better than
67.6% of 2710 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:KAPA: 0.91

Kapa Gold Equity-to-Asset Historical Data

The historical data trend for Kapa Gold'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.

Kapa Gold Equity-to-Asset Chart

Kapa Gold Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.99 0.96 0.92 0.83 0.91

Kapa Gold Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.94 0.94 0.95 0.93 0.91

Competitive Comparison of Kapa Gold's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Kapa Gold'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.


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

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

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



Kapa Gold 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.

Kapa Gold's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2.471/2.728
=

Kapa Gold's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2.471/2.728
=

* 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.


Kapa Gold  (TSXV:KAPA) 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%.


Kapa Gold Equity-to-Asset Related Terms

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


Kapa Gold (TSXV:KAPA) Business Description

Traded in Other Exchanges
N/A
Address
1199 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 3T5
Kapa Gold Inc, along with its subsidiary is engaged in mineral exploration operations. The company's principal business activity is the acquisition and exploration of mineral property interests. Its project includes Mastodon Nickel Project and Blackhawk Mine.
Executives
David Karl Paxton Director, Senior Officer

Kapa Gold (TSXV:KAPA) Headlines

No Headlines