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North Stawell Minerals (ASX:NSM) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is North Stawell Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. North Stawell Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$13.36 Mil. North Stawell Minerals's Total Assets for the quarter that ended in Dec. 2023 was A$13.96 Mil.

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

ASX:NSM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 0.97   Max: 0.98
Current: 0.96

During the past 3 years, the highest Equity to Asset Ratio of North Stawell Minerals was 0.98. The lowest was 0.96. And the median was 0.97.

ASX:NSM's Equity-to-Asset is ranked better than
83.02% of 2715 companies
in the Metals & Mining industry
Industry Median: 0.79 vs ASX:NSM: 0.96

North Stawell Minerals Equity-to-Asset Historical Data

The historical data trend for North Stawell Minerals'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.

North Stawell Minerals Equity-to-Asset Chart

North Stawell Minerals Annual Data
Trend Jun21 Jun22 Jun23
Equity-to-Asset
0.98 0.97 0.97

North Stawell Minerals Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.98 0.97 0.97 0.97 0.96

Competitive Comparison of North Stawell Minerals's Equity-to-Asset

For the Gold subindustry, North Stawell Minerals'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.

North Stawell Minerals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where North Stawell Minerals's Equity-to-Asset falls into.


North Stawell Minerals 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.

North Stawell Minerals's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=13.575/14.004
=

North Stawell Minerals'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
=13.362/13.956
=

* 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.

North Stawell Minerals  (ASX:NSM) 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%.

North Stawell Minerals Equity-to-Asset Related Terms

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

North Stawell Minerals (ASX:NSM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » North Stawell Minerals Ltd (ASX:NSM) » Definitions » Equity-to-Asset
Comparable Companies
ASX:KGD ASX:KAL ASX:KNB ASX:SRI ASX:TKL ASX:CTN ASX:DAF ASX:R8R ASX:WGR ASX:OZZ SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
N/A
Address
Leviathan Road, Stawell, VIC, AUS, 3380
Website
https://www.northstawellminerals.com
North Stawell Minerals Ltd is engaged in the exploration and development of gold deposits. The company holds interests in prospective tenements to the North of the 5Moz Stawell Gold Mine in Victoria, Australia. The projects include Wildwood, Barrabool, Glenorchy, Germania, West Barrabool, Wimmera Park Granite and Deep.