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Ascot Resources (ASX:AZQ) Equity-to-Asset : 0.55 (As of Jun. 2015)


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What is Ascot Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ascot Resources's Total Stockholders Equity for the quarter that ended in Jun. 2015 was A$23.03 Mil. Ascot Resources's Total Assets for the quarter that ended in Jun. 2015 was A$41.65 Mil.

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

During the past 6 years, the highest Equity to Asset Ratio of Ascot Resources was 0.38. The lowest was 0.00. And the median was 0.38.

ASX:AZQ's Equity-to-Asset is not ranked *
in the Steel industry.
Industry Median: 0.53
* Ranked among companies with meaningful Equity-to-Asset only.

Ascot Resources Equity-to-Asset Historical Data

The historical data trend for Ascot 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.

Ascot Resources Equity-to-Asset Chart

Ascot Resources Annual Data
Trend Oct10 Jun11 Jun12 Jun13 Jun14 Jun15
Equity-to-Asset
Get a 7-Day Free Trial 1.00 1.00 0.38 0.31 0.55

Ascot Resources Semi-Annual Data
Oct10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.26 0.31 0.58 0.55

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

For the Coking Coal subindustry, Ascot 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.


Ascot Resources's Equity-to-Asset Distribution in the Steel Industry

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

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



Ascot 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.

Ascot Resources's Equity to Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Equity to Asset (A: Jun. 2015 )=Total Stockholders Equity/Total Assets
=23.027/41.647
=

Ascot Resources's Equity to Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Equity to Asset (Q: Jun. 2015 )=Total Stockholders Equity/Total Assets
=23.027/41.647
=

* 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.


Ascot Resources  (ASX:AZQ) 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%.


Ascot Resources Equity-to-Asset Related Terms

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


Ascot Resources (ASX:AZQ) Business Description

Traded in Other Exchanges
N/A
Address
Ascot Resources Ltd is engaged in the development and exploration of coal. It has two minor Projects in Australia. The McPhees Gold and The Quartz Hill Project.

Ascot Resources (ASX:AZQ) Headlines

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