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Franklin Mining (Franklin Mining) Equity-to-Asset : -17.83 (As of Sep. 2002)


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What is Franklin Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Franklin Mining's Total Stockholders Equity for the quarter that ended in Sep. 2002 was $-2.59 Mil. Franklin Mining's Total Assets for the quarter that ended in Sep. 2002 was $0.15 Mil.

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

FMNJ's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Franklin Mining Equity-to-Asset Historical Data

The historical data trend for Franklin Mining'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.

Franklin Mining Equity-to-Asset Chart

Franklin Mining Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.55 0.46 -15.19 -17.49

Franklin Mining Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
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 - -17.49 -17.79 -17.79 -17.83

Competitive Comparison of Franklin Mining's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Franklin Mining'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.


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

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

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



Franklin Mining 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.

Franklin Mining's Equity to Asset Ratio for the fiscal year that ended in Dec. 2001 is calculated as

Equity to Asset (A: Dec. 2001 )=Total Stockholders Equity/Total Assets
=-2.501/0.143
=

Franklin Mining's Equity to Asset Ratio for the quarter that ended in Sep. 2002 is calculated as

Equity to Asset (Q: Sep. 2002 )=Total Stockholders Equity/Total Assets
=-2.585/0.145
=

* 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.


Franklin Mining  (OTCPK:FMNJ) 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%.


Franklin Mining Equity-to-Asset Related Terms

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Franklin Mining (Franklin Mining) Business Description

Traded in Other Exchanges
N/A
Address
215 west Bandera Road, Suite 114-459, Boerne, TX, USA, 78006
Franklin Mining Inc is engaged in the exploration, development, and mining of precious and non-ferrous metals, including gold, silver, lead, copper, and zinc. Its principal mining properties are Franklin Mines, located near Idaho Springs in clear creek country, Colorado, and the Franklin Mill, located on the site of Franklin Mines.

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