GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orion Metals Ltd (ASX:ORM) » Definitions » Equity-to-Asset

Orion Metals (ASX:ORM) Equity-to-Asset : -76.89 (As of Aug. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Orion Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Orion Metals's Total Stockholders Equity for the quarter that ended in Aug. 2023 was A$-2.00 Mil. Orion Metals's Total Assets for the quarter that ended in Aug. 2023 was A$0.03 Mil.

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

ASX:ORM' s Equity-to-Asset Range Over the Past 10 Years
Min: -76.89   Med: -2.41   Max: 0.95
Current: -76.89

During the past 13 years, the highest Equity to Asset Ratio of Orion Metals was 0.95. The lowest was -76.89. And the median was -2.41.

ASX:ORM's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.8 vs ASX:ORM: -76.89

Orion Metals Equity-to-Asset Historical Data

The historical data trend for Orion Metals'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.

Orion Metals Equity-to-Asset Chart

Orion Metals Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.34 -11.52 -9.35 -3.16 -27.68

Orion Metals Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 -15.97 -3.16 -9.12 -27.68 -76.89

Competitive Comparison of Orion Metals's Equity-to-Asset

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


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

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

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



Orion Metals 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.

Orion Metals's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=-1.716/0.062
=

Orion Metals's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )=Total Stockholders Equity/Total Assets
=-1.999/0.026
=

* 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.


Orion Metals  (ASX:ORM) 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%.


Orion Metals Equity-to-Asset Related Terms

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


Orion Metals (ASX:ORM) Business Description

Traded in Other Exchanges
N/A
Address
221 Jesmond Road, Fig Tree Pocket, QLD, AUS, 4069
Orion Metals Ltd is an Australia based company. It is engaged in the exploration business. The company's main objective is to deliver long term shareholder returns by becoming a successful REE and gold exploration company.

Orion Metals (ASX:ORM) Headlines

From GuruFocus

Ready Capital Announces Merger With Owens Realty Mortgage

By PRNewswire PRNewswire 11-08-2018