GreenRoc Mining (LSE:GROC) Equity-to-Asset : 0.90 (As of May. 2023)

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What is GreenRoc Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GreenRoc Mining's Total Stockholders Equity for the quarter that ended in May. 2023 was £9.41 Mil. GreenRoc Mining's Total Assets for the quarter that ended in May. 2023 was £10.50 Mil.

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

LSE:GROC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.87 Med: 0.88 Max: 0.9
Current: 0.9

During the past 2 years, the highest Equity to Asset Ratio of GreenRoc Mining was 0.90. The lowest was 0.87. And the median was 0.88.

LSE:GROC's Equity-to-Asset is ranked better than
65.13% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs LSE:GROC: 0.90

GreenRoc Mining Equity-to-Asset Historical Data

The historical data trend for GreenRoc 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.

GreenRoc Mining Equity-to-Asset Chart

GreenRoc Mining Annual Data

Trend

Nov21

Nov22

Equity-to-Asset

0.87

GreenRoc Mining Semi-Annual Data
	May22	Nov22	May23
Equity-to-Asset	0.88	0.87	0.90

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

For the Other Industrial Metals & Mining subindustry, GreenRoc 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.

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

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

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

GreenRoc 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.

GreenRoc Mining's Equity to Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

Equity to Asset (A: Nov. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	8.965	/	10.29
	=

GreenRoc Mining's Equity to Asset Ratio for the quarter that ended in May. 2023 is calculated as

Equity to Asset (Q: May. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	9.405	/	10.502
	=

GreenRoc Mining (LSE:GROC) 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%.

GreenRoc Mining Equity-to-Asset Related Terms

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

GreenRoc Mining (LSE:GROC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GreenRoc Mining PLC (LSE:GROC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

3WF:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.greenrocmining.com

GreenRoc Mining PLC operates principally as a holding company. Its activity includes activity is the exploration of and development of natural resources. Its projects include Thule Black Sands Ilmenite Project, the Amitsoq Graphite Project, the Melville Bay Iron Project, and the Inglefield Multi-Element Project which is located in Greenland.

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