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Central Rand Gold (LSE:CRND) Equity-to-Asset : -0.84 (As of Jun. 2017)


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What is Central Rand Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Central Rand Gold's Total Stockholders Equity for the quarter that ended in Jun. 2017 was £-10.16 Mil. Central Rand Gold's Total Assets for the quarter that ended in Jun. 2017 was £12.06 Mil. Therefore, Central Rand Gold's Equity to Asset Ratio for the quarter that ended in Jun. 2017 was -0.84.

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

LSE:CRND' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.84   Med: -0.63   Max: 0.36
Current: -0.84

During the past 11 years, the highest Equity to Asset Ratio of Central Rand Gold was 0.36. The lowest was -0.84. And the median was -0.63.

LSE:CRND's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.8 vs LSE:CRND: -0.84

Central Rand Gold Equity-to-Asset Historical Data

The historical data trend for Central Rand Gold'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.

Central Rand Gold Equity-to-Asset Chart

Central Rand Gold Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 -0.37 -0.63 -0.78 -0.82

Central Rand Gold Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 -0.65 -0.78 -0.66 -0.82 -0.84

Competitive Comparison of Central Rand Gold's Equity-to-Asset

For the Gold subindustry, Central Rand Gold'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.


Central Rand Gold's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Central Rand Gold's Equity-to-Asset falls into.



Central Rand Gold 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.

Central Rand Gold's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Equity to Asset (A: Dec. 2016 )=Total Stockholders Equity/Total Assets
=-9.236/11.301
=-0.82

Central Rand Gold's Equity to Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

Equity to Asset (Q: Jun. 2017 )=Total Stockholders Equity/Total Assets
=-10.157/12.061
=-0.84

* 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.


Central Rand Gold  (LSE:CRND) 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%.


Central Rand Gold Equity-to-Asset Related Terms

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


Central Rand Gold (LSE:CRND) Business Description

Traded in Other Exchanges
N/A
Address
Trafalgar Court, 2nd Floor, East Wing, Admiral Park, St Peter Port, GGY, GY13HU
Central Rand Gold Ltd is a gold exploration and production group. It is engaged in a gold mining and exploration project that aims to bring profitable and sustainable gold mining back to the City of Johannesburg. The company plans to extract all profitable gold from its resource base using appropriate mining, processing, and environmentally friendly technologies. Central Rand Gold's current portfolio is the Consolidated Main Reef (CMR) operations which have been split into CMR West and CMR East and the Crown Mines development. CMR West is Central Rand Gold's first mining target area. It comprises an operational underground and opencast gold mine that utilizes conventional opencast stopping and extraction methods.

Central Rand Gold (LSE:CRND) Headlines

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