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La Imperial Resources (XCNQ:LAI.X) Equity-to-Asset : -413.40 (As of Feb. 2024)


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What is La Imperial Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. La Imperial Resources's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$-2.07 Mil. La Imperial Resources's Total Assets for the quarter that ended in Feb. 2024 was C$0.01 Mil.

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

XCNQ:LAI.X' s Equity-to-Asset Range Over the Past 10 Years
Min: -2721   Med: -919.33   Max: -286.56
Current: -413.4

During the past 13 years, the highest Equity to Asset Ratio of La Imperial Resources was -286.56. The lowest was -2721.00. And the median was -919.33.

XCNQ:LAI.X's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.8 vs XCNQ:LAI.X: -413.40

La Imperial Resources Equity-to-Asset Historical Data

The historical data trend for La Imperial Resources'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.

La Imperial Resources Equity-to-Asset Chart

La Imperial Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,696.00 -912.00 -652.33 -500.25 -409.80

La Imperial Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -505.50 -406.00 -409.80 -411.40 -413.40

Competitive Comparison of La Imperial Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, La Imperial Resources'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.


La Imperial Resources's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where La Imperial Resources's Equity-to-Asset falls into.



La Imperial Resources 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.

La Imperial Resources's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=-2.049/0.005
=

La Imperial Resources's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=-2.067/0.005
=

* 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.


La Imperial Resources  (XCNQ:LAI.X) 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%.


La Imperial Resources Equity-to-Asset Related Terms

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


La Imperial Resources (XCNQ:LAI.X) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 2X8
Website
La Imperial Resources Inc is a Canada-based mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company holds an interest in La Kathrina which consists of mining concessions in the state of Chichuahua, Mexico.

La Imperial Resources (XCNQ:LAI.X) Headlines

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