Mt Malcolm Mines NL (ASX:M2M) Equity-to-Asset : 0.89 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Mt Malcolm Mines NL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mt Malcolm Mines NL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$7.18 Mil. Mt Malcolm Mines NL's Total Assets for the quarter that ended in Dec. 2023 was A$8.11 Mil.

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

ASX:M2M' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.89 Med: 0.93 Max: 0.96
Current: 0.89

During the past 2 years, the highest Equity to Asset Ratio of Mt Malcolm Mines NL was 0.96. The lowest was 0.89. And the median was 0.93.

ASX:M2M's Equity-to-Asset is ranked better than
63.5% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs ASX:M2M: 0.89

Mt Malcolm Mines NL Equity-to-Asset Historical Data

The historical data trend for Mt Malcolm Mines NL'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.

Mt Malcolm Mines NL Equity-to-Asset Chart

Mt Malcolm Mines NL Annual Data

Trend

Jun22

Jun23

Equity-to-Asset

0.93

0.94

Mt Malcolm Mines NL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	0.96	0.93	0.90	0.94	0.89

Competitive Comparison of Mt Malcolm Mines NL's Equity-to-Asset

For the Gold subindustry, Mt Malcolm Mines NL'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.

Mt Malcolm Mines NL's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Mt Malcolm Mines NL's Equity-to-Asset falls into.

Mt Malcolm Mines NL 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.

Mt Malcolm Mines NL'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
	=	7.42	/	7.883
	=

Mt Malcolm Mines NL'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
	=	7.181	/	8.112
	=

Mt Malcolm Mines NL (ASX:M2M) 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%.

Mt Malcolm Mines NL Equity-to-Asset Related Terms

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

Mt Malcolm Mines NL (ASX:M2M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mt Malcolm Mines NL (ASX:M2M) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Sarich Court, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.mtmalcolm.com.au

Mt Malcolm Mines NL is a gold-focused exploration company. Its key project is the Malcolm Project located in the Mt Malcolm District of the Mt Margaret Mineral Field in Western Australia. The firm is organised into two operating segments, which is corporate and exploration operations.

Mt Malcolm Mines NL (ASX:M2M) Headlines

No Headlines