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Atlantic Gold (ASX:AGB) Equity-to-Asset : 0.51 (As of Mar. 2019)


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What is Atlantic Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atlantic Gold's Total Stockholders Equity for the quarter that ended in Mar. 2019 was A$168.9 Mil. Atlantic Gold's Total Assets for the quarter that ended in Mar. 2019 was A$328.7 Mil. Therefore, Atlantic Gold's Equity to Asset Ratio for the quarter that ended in Mar. 2019 was 0.51.

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

ASX:AGB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.89   Max: 1
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Atlantic Gold was 1.00. The lowest was 0.38. And the median was 0.89.

ASX:AGB's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.79 vs ASX:AGB: 0.51

Atlantic Gold Equity-to-Asset Historical Data

The historical data trend for Atlantic 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.

Atlantic Gold Equity-to-Asset Chart

Atlantic Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.96 0.50 0.35 0.50

Atlantic Gold Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.38 0.48 0.50 0.50 0.51

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

For the Gold subindustry, Atlantic 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.


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

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

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



Atlantic 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.

Atlantic Gold's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=157.167/314.282
=0.50

Atlantic Gold's Equity to Asset Ratio for the quarter that ended in Mar. 2019 is calculated as

Equity to Asset (Q: Mar. 2019 )=Total Stockholders Equity/Total Assets
=168.857/328.703
=0.51

* 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.


Atlantic Gold  (ASX:AGB) 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%.


Atlantic Gold Equity-to-Asset Related Terms

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


Atlantic Gold (ASX:AGB) Business Description

Traded in Other Exchanges
N/A
Address
595 Burrard Street, Suite 3083, P.O. Box 49298, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Atlantic Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. The company explores for gold. It holds interests in the Moose River Consolidated Project comprising the Touquoy and the Beaver Dam gold deposits; the Cochrane Hill gold deposit; and the Fifteen Mile Stream deposit. All the business activity is primarily functioned through the region of Canada.

Atlantic Gold (ASX:AGB) Headlines

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