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Dore Copper Mining (FRA:DCM) Equity-to-Asset : 0.81 (As of Dec. 2023)


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What is Dore Copper Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dore Copper Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €6.36 Mil. Dore Copper Mining's Total Assets for the quarter that ended in Dec. 2023 was €7.86 Mil.

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

FRA:DCM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.82   Max: 0.88
Current: 0.81

During the past 6 years, the highest Equity to Asset Ratio of Dore Copper Mining was 0.88. The lowest was 0.70. And the median was 0.82.

FRA:DCM's Equity-to-Asset is ranked better than
51.66% of 2704 companies
in the Metals & Mining industry
Industry Median: 0.8 vs FRA:DCM: 0.81

Dore Copper Mining Equity-to-Asset Historical Data

The historical data trend for Dore Copper 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.

Dore Copper Mining Equity-to-Asset Chart

Dore Copper Mining Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.85 0.88 0.83 0.70 0.81

Dore Copper Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.70 0.81 0.85 0.80 0.81

Competitive Comparison of Dore Copper Mining's Equity-to-Asset

For the Copper subindustry, Dore Copper 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.


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

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

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



Dore Copper 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.

Dore Copper Mining's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=6.361/7.864
=

Dore Copper Mining'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
=6.361/7.864
=

* 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.


Dore Copper Mining  (FRA:DCM) 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%.


Dore Copper Mining Equity-to-Asset Related Terms

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


Dore Copper Mining (FRA:DCM) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 1800, Toronto, ON, CAN, M5X 1E3
Dore Copper Mining Corp is a company with near development high-grade gold and copper assets in Quebec with district scale exploration upside. Existing infrastructure provides the company with a capital intensity advantage. Its projects include corner bay, cedar bay, copper rand, and lac dore among others.

Dore Copper Mining (FRA:DCM) Headlines

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