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Sabre Resources (FRA:SAL) Equity-to-Asset : 1.17 (As of Dec. 2023)


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What is Sabre Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sabre Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €9.58 Mil. Sabre Resources's Total Assets for the quarter that ended in Dec. 2023 was €8.18 Mil.

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

FRA:SAL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.94   Med: 1.06   Max: 1.18
Current: 1.18

During the past 13 years, the highest Equity to Asset Ratio of Sabre Resources was 1.18. The lowest was 0.94. And the median was 1.06.

FRA:SAL's Equity-to-Asset is ranked better than
99.78% of 2692 companies
in the Metals & Mining industry
Industry Median: 0.79 vs FRA:SAL: 1.18

Sabre Resources Equity-to-Asset Historical Data

The historical data trend for Sabre Resources'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.

Sabre Resources Equity-to-Asset Chart

Sabre Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.06 1.18 1.13 1.18

Sabre Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.18 1.16 1.13 1.17 1.18

Competitive Comparison of Sabre Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Sabre Resources'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.


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

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

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



Sabre Resources 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.

Sabre Resources's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=9.643/8.209
=1.17

Sabre Resources'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
=9.584/8.181
=

* 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.


Sabre Resources  (FRA:SAL) 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%.


Sabre Resources Equity-to-Asset Related Terms

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


Sabre Resources Business Description

Traded in Other Exchanges
Address
Level 1, 8 Parliament Place, West Perth, Perth, WA, AUS, 6005
Sabre Resources Ltd explores for and develops mineral properties. It explores copper, zinc, vanadium, silver, and other semi-precious metals. The Company also focuses on its Sherlock Bay Nickel-Copper-Cobalt Project in the northwest Pilbara region of Western Australia, The firm is managed on the basis of its development and exploration of minerals in the geographical regions of Australia and Namibia and drives key revenue from Australia.