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Origen Resources (Origen Resources) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is Origen Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Origen Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.00 Mil. Origen Resources's Total Assets for the quarter that ended in Dec. 2023 was $5.23 Mil.

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

OGGNF' s Equity-to-Asset Range Over the Past 10 Years
Min: -130   Med: 0.94   Max: 0.99
Current: 0.96

During the past 4 years, the highest Equity to Asset Ratio of Origen Resources was 0.99. The lowest was -130.00. And the median was 0.94.

OGGNF's Equity-to-Asset is ranked better than
83.02% of 2715 companies
in the Metals & Mining industry
Industry Median: 0.79 vs OGGNF: 0.96

Origen Resources Equity-to-Asset Historical Data

The historical data trend for Origen 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.

Origen Resources Equity-to-Asset Chart

Origen Resources Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
-93.00 0.92 0.92 0.92

Origen Resources Quarterly Data
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 0.85 0.92 0.96 0.96 0.96

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

For the Other Precious Metals & Mining subindustry, Origen 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.


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

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

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



Origen 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.

Origen Resources's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=4.721/5.134
=

Origen 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
=4.997/5.234
=

* 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.


Origen Resources  (OTCPK:OGGNF) 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%.


Origen Resources Equity-to-Asset Related Terms

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


Origen Resources (Origen Resources) Business Description

Traded in Other Exchanges
Address
488 - 625 Howe Street, Vancouver, BC, CAN, V6C 2T6
Origen Resources Inc is engaged in the acquisition, exploration, and evaluation of mineral properties in British Columbia Canada. The company's Arlington Project is located in the Arrow Boundary district of south-central British Columbia, Canada consists of three contiguous mineral claims. Its other properties portfolio includes Silver Dollar Property, Arlington Property, Golden Triangle, Bonanza Mountain and Other.

Origen Resources (Origen Resources) Headlines

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