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Key Mining (Key Mining) Equity-to-Asset : 0.97 (As of Dec. 2023)


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What is Key Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Key Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6.74 Mil. Key Mining's Total Assets for the quarter that ended in Dec. 2023 was $6.98 Mil.

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

KMCM's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Key Mining Equity-to-Asset Historical Data

The historical data trend for Key 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.

Key Mining Equity-to-Asset Chart

Key Mining Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.98 0.98 0.97

Key Mining Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial - 0.98 0.95 0.95 0.97

Competitive Comparison of Key Mining's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Key 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.


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

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

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



Key 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.

Key Mining'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
=6.735/6.98
=

Key Mining'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
=6.735/6.98
=

* 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.


Key Mining  (AMEX:KMCM) 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%.


Key Mining Equity-to-Asset Related Terms

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


Key Mining (Key Mining) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
701 Brickell Avenue, Suite 1550, Miami, FL, USA, 33131
Key Mining Corp is an exploration-stage mining company focused on the development of two projects, both of which are located in the Atacama Region of the Republic of Chile. Its Cerro Blanco project is focused on exploring rutile from which high-grade titanium dioxide (TiO2) can be processed. Its Fiel Rosita project is focused on exploring copper, and to a lesser extent, zinc.

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