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Asiamet Resources (LSE:ARS) Equity-to-Asset : 0.73 (As of Dec. 2023)


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What is Asiamet Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asiamet Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £2.52 Mil. Asiamet Resources's Total Assets for the quarter that ended in Dec. 2023 was £3.45 Mil.

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

LSE:ARS' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.69   Med: 0.63   Max: 0.81
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Asiamet Resources was 0.81. The lowest was -0.69. And the median was 0.63.

LSE:ARS's Equity-to-Asset is ranked worse than
55.76% of 2717 companies
in the Metals & Mining industry
Industry Median: 0.79 vs LSE:ARS: 0.73

Asiamet Resources Equity-to-Asset Historical Data

The historical data trend for Asiamet Resources'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.

Asiamet Resources Equity-to-Asset Chart

Asiamet Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.29 0.81 0.71 0.73

Asiamet Resources 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 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 0.81 0.64 0.71 0.51 0.73

Competitive Comparison of Asiamet Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Asiamet Resources'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.


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

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

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



Asiamet Resources 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.

Asiamet Resources'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
=2.519/3.446
=

Asiamet Resources'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
=2.519/3.446
=

* 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.


Asiamet Resources  (LSE:ARS) 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%.


Asiamet Resources Equity-to-Asset Related Terms

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


Asiamet Resources (LSE:ARS) Business Description

Traded in Other Exchanges
Address
303 CollinsStreet, Level 17, Melbourne, VIC, AUS, 3000
Asiamet Resources Ltd is a dynamic junior company focused on the exploration and development of its portfolio of large copper-gold deposits on the Indonesian islands of Kalimantan and Sumatra, adjacent to the key growth markets in Asia. The company's only segment is mineral exploration and development. Its project includes Beutong copper-gold, the KSK copper project, BKZ polymetallic project, and KSK prospects.

Asiamet Resources (LSE:ARS) Headlines

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