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Carabella Resources (ASX:CLR) Equity-to-Asset : 0.98 (As of Jun. 2013)


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What is Carabella Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Carabella Resources's Total Stockholders Equity for the quarter that ended in Jun. 2013 was A$52.03 Mil. Carabella Resources's Total Assets for the quarter that ended in Jun. 2013 was A$53.24 Mil. Therefore, Carabella Resources's Equity to Asset Ratio for the quarter that ended in Jun. 2013 was 0.98.

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

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

Carabella Resources Equity-to-Asset Historical Data

The historical data trend for Carabella 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.

Carabella Resources Equity-to-Asset Chart

Carabella Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13
Equity-to-Asset
0.99 0.97 0.91 0.98

Carabella Resources Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
Equity-to-Asset Get a 7-Day Free Trial 0.97 0.96 0.91 0.96 0.98

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

For the Coking Coal subindustry, Carabella 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.


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

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

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



Carabella 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.

Carabella Resources's Equity to Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

Equity to Asset (A: Jun. 2013 )=Total Stockholders Equity/Total Assets
=52.026/53.242
=

Carabella Resources's Equity to Asset Ratio for the quarter that ended in Jun. 2013 is calculated as

Equity to Asset (Q: Jun. 2013 )=Total Stockholders Equity/Total Assets
=52.026/53.242
=0.98

* 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.


Carabella Resources  (ASX:CLR) 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%.


Carabella Resources Equity-to-Asset Related Terms

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Carabella Resources (ASX:CLR) Business Description

Traded in Other Exchanges
N/A
Address
Carabella Resources Ltd is a coal exploration and development company.