Tigers Realm Coal (ASX:TIG) Equity-to-Asset : 0.91 (As of Dec. 2023)

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What is Tigers Realm Coal Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tigers Realm Coal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$195.7 Mil. Tigers Realm Coal's Total Assets for the quarter that ended in Dec. 2023 was A$214.7 Mil. Therefore, Tigers Realm Coal's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.91.

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

ASX:TIG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.87 Max: 2.67
Current: 0.91

During the past 13 years, the highest Equity to Asset Ratio of Tigers Realm Coal was 2.67. The lowest was 0.31. And the median was 0.87.

ASX:TIG's Equity-to-Asset is ranked better than
96.04% of 632 companies
in the Steel industry
Industry Median: 0.53 vs ASX:TIG: 0.91

Tigers Realm Coal Equity-to-Asset Historical Data

The historical data trend for Tigers Realm Coal'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.

Tigers Realm Coal Equity-to-Asset Chart

Tigers Realm Coal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.31

0.81

0.84

0.81

0.91

Tigers Realm Coal Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.84	0.82	0.81	0.79	0.91

Competitive Comparison of Tigers Realm Coal's Equity-to-Asset

For the Coking Coal subindustry, Tigers Realm Coal'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.

Tigers Realm Coal's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tigers Realm Coal's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tigers Realm Coal's Equity-to-Asset falls into.

Tigers Realm Coal 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.

Tigers Realm Coal'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
	=	195.693	/	214.746
	=	0.91

Tigers Realm Coal'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
	=	195.693	/	214.746
	=	0.91

Tigers Realm Coal (ASX:TIG) 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%.

Tigers Realm Coal Equity-to-Asset Related Terms

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

Tigers Realm Coal (ASX:TIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tigers Realm Coal Ltd (ASX:TIG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

37 Leningradski Avenue, Moscow, RUS, 125167

Website

https://www.tigersrealmcoal.com

Tigers Realm Coal Ltd is engaged in the identification, exploration, development, mining, and sale of coal from deposits in the Far East of the Russian Federation. Its objectives encompass the development of the Amaam Coking Coal Deposits, comprising its two, well-located, large coking coal project. The Amaam Coal Project is located in the Beringovsky Basin, in the Chukotka Autonomous Okrug. The Amaam North and Amaam deposits are located within separate structural blocks of the Bering Coal Basin. The company derives revenue from the Asia region.