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Vantage Goldfields (ASX:VGO) Equity-to-Asset : 0.68 (As of Jun. 2014)


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What is Vantage Goldfields Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vantage Goldfields's Total Stockholders Equity for the quarter that ended in Jun. 2014 was A$51.30 Mil. Vantage Goldfields's Total Assets for the quarter that ended in Jun. 2014 was A$76.04 Mil. Therefore, Vantage Goldfields's Equity to Asset Ratio for the quarter that ended in Jun. 2014 was 0.68.

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

ASX:VGO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83   Med: 0.84   Max: 0.92
Current: 0.84

During the past 3 years, the highest Equity to Asset Ratio of Vantage Goldfields was 0.92. The lowest was 0.83. And the median was 0.84.

ASX:VGO's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.79 vs ASX:VGO: 0.84

Vantage Goldfields Equity-to-Asset Historical Data

The historical data trend for Vantage Goldfields'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.

Vantage Goldfields Equity-to-Asset Chart

Vantage Goldfields Annual Data
Trend Dec11 Dec12 Dec13
Equity-to-Asset
0.92 0.83 0.84

Vantage Goldfields Semi-Annual Data
Jun10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Equity-to-Asset Get a 7-Day Free Trial 0.87 0.83 0.83 0.84 0.68

Competitive Comparison of Vantage Goldfields's Equity-to-Asset

For the Gold subindustry, Vantage Goldfields'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.


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

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

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



Vantage Goldfields 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.

Vantage Goldfields's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=56.914/67.878
=0.84

Vantage Goldfields's Equity to Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Equity to Asset (Q: Jun. 2014 )=Total Stockholders Equity/Total Assets
=51.302/76.038
=0.67

* 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.


Vantage Goldfields  (ASX:VGO) 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%.


Vantage Goldfields Equity-to-Asset Related Terms

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Vantage Goldfields (ASX:VGO) Business Description

Traded in Other Exchanges
N/A
Address
Vantage Goldfields Ltd is an Australian company engaged in the mining and exploration of gold in the Barberton Greenstone Belt of South Africa. The company's mining operations are carried out in the Lily Mine, Barbrook Mines Complex, and the Taylors Mine. The company produces gold from its Lily and Barbrook Mines with a steady rise in the production collectively.

Vantage Goldfields (ASX:VGO) Headlines

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