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Bold Ventures (TSXV:BOL) Equity-to-Asset : 0.77 (As of Jul. 2024)


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What is Bold Ventures Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bold Ventures's Total Stockholders Equity for the quarter that ended in Jul. 2024 was C$1.38 Mil. Bold Ventures's Total Assets for the quarter that ended in Jul. 2024 was C$1.81 Mil.

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

TSXV:BOL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.9   Max: 0.99
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of Bold Ventures was 0.99. The lowest was 0.74. And the median was 0.90.

TSXV:BOL's Equity-to-Asset is ranked worse than
51.39% of 2693 companies
in the Metals & Mining industry
Industry Median: 0.79 vs TSXV:BOL: 0.77

Bold Ventures Equity-to-Asset Historical Data

The historical data trend for Bold Ventures'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.

Bold Ventures Equity-to-Asset Chart

Bold Ventures Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.86 0.80 0.81 0.78

Bold Ventures Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.83 0.78 0.75 0.77 0.77

Competitive Comparison of Bold Ventures's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Bold Ventures'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.


Bold Ventures's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Bold Ventures 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.

Bold Ventures's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=1.395/1.793
=

Bold Ventures's Equity to Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

Equity to Asset (Q: Jul. 2024 )=Total Stockholders Equity/Total Assets
=1.383/1.808
=

* 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.


Bold Ventures  (TSXV:BOL) 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%.


Bold Ventures Equity-to-Asset Related Terms

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


Bold Ventures Business Description

Traded in Other Exchanges
N/A
Address
22 Adelaide Street West, Suite 3600, Bay Adelaide Centre - East Tower, Toronto, ON, CAN, M5H 4E3
Bold Ventures Inc is an operator of an exploration company intended to explore the base and precious metals in Canada. The company explores properties located in active battery and precious metals camps in the Thunder Bay and Wawa regions of Ontario and holds various assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, and in the James Bay Lowlands of Northern Ontario, enabling the company to locate and develop mineral wealth on behalf of shareholders.
Executives
David Bruce Graham Director
Steven Samuel Brunelle Director

Bold Ventures Headlines

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