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IperionX (ASX:IPX) Equity-to-Asset : 0.89 (As of Dec. 2023)


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What is IperionX Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IperionX's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$45.08 Mil. IperionX's Total Assets for the quarter that ended in Dec. 2023 was A$50.86 Mil.

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

ASX:IPX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.89   Max: 0.98
Current: 0.89

During the past 6 years, the highest Equity to Asset Ratio of IperionX was 0.98. The lowest was 0.63. And the median was 0.89.

ASX:IPX's Equity-to-Asset is ranked better than
63.79% of 2715 companies
in the Metals & Mining industry
Industry Median: 0.79 vs ASX:IPX: 0.89

IperionX Equity-to-Asset Historical Data

The historical data trend for IperionX'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.

IperionX Equity-to-Asset Chart

IperionX Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial 0.98 0.97 0.63 0.75 0.90

IperionX Quarterly Data
Jun19 Jun20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.90 - 0.89 -

Competitive Comparison of IperionX's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, IperionX'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.


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

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

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



IperionX 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.

IperionX'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
=30.639/33.978
=

IperionX'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
=45.083/50.86
=

* 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.


IperionX  (ASX:IPX) 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%.


IperionX Equity-to-Asset Related Terms

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


IperionX (ASX:IPX) Business Description

Address
129 West Trade Street, Suite 1405, Charlotte, NC, USA, 28202
IperionX Ltd is a developer of low-carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles, and 3D printing. The company's breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, and have low carbon intensity. IperionX is producing titanium metal powders from titanium scrap at its operational pilot facility in Utah, It also holds a 100% interest in the Titan Project, covering over 11,000 acres of critical minerals that include titanium, rare earth elements, silica sand, and zircon in Tennessee, United States.

IperionX (ASX:IPX) Headlines