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Mines Management (Mines Management) Equity-to-Asset : 0.06 (As of Jun. 2016)


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What is Mines Management Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mines Management's Total Stockholders Equity for the quarter that ended in Jun. 2016 was $0.18 Mil. Mines Management's Total Assets for the quarter that ended in Jun. 2016 was $2.73 Mil.

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

MGN's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Mines Management Equity-to-Asset Historical Data

The historical data trend for Mines Management'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.

Mines Management Equity-to-Asset Chart

Mines Management Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.94 0.90 0.85 0.69

Mines Management Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.73 0.51 0.69 0.55 0.06

Competitive Comparison of Mines Management's Equity-to-Asset

For the Silver subindustry, Mines Management'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.


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

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

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



Mines Management 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.

Mines Management's Equity to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Equity to Asset (A: Dec. 2015 )=Total Stockholders Equity/Total Assets
=2.219/3.204
=

Mines Management's Equity to Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

Equity to Asset (Q: Jun. 2016 )=Total Stockholders Equity/Total Assets
=0.176/2.734
=

* 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.


Mines Management  (AMEX:MGN) 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%.


Mines Management Equity-to-Asset Related Terms

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


Mines Management (Mines Management) Business Description

Traded in Other Exchanges
N/A
Address
Mines Management Inc is a publicly held Idaho corporation incorporated on February 20, 1947. The Company is engaged in the business of acquiring, exploring, and if exploration is successful, developing mineral properties, mainly those containing silver and associated base and precious metals. Its main mineral property interest, the Montanore Project, is held by its wholly owned subsidiaries, Newhi, Inc. and Montanore Minerals Corp. The Montanore Project is located in northwestern Montana, and from 1988 to 2002 was owned by Noranda Minerals Corporation. In May 2006, the Company acquired two Noranda subsidiaries that held title to the property providing access to the 14,000 foot Libby adit and related permits. It also owns certain patented and unpatented mining claims on zinc proprieties in northern Washington State referred to as the Iroquois and Advance properties. The Company's activities in the United States are subject to various federal, state and local laws & regulations governing exploration, labor standards, occupational health & mine safety, control of toxic substances and other matters involving environmental protection and taxation.
Executives
Robert L Russell director 639 N RIVERPOINT BLVD H-203 SPOKANE WA 99202
Glenn Dobbs director, officer: CEO 905 RIVERSIDE AVE., SUITE 311 SPOKANE WA 99201
James Herbert Moore officer: Chief Financial Officer
Eric Gregory Klepfer officer: VP - Operations 13058 SHERWOOD COURT, HAYDEN LAKE ID 83835
Jack Gustavel director 1411 E. MISSION AVE., SPOKANE WA 99202

Mines Management (Mines Management) Headlines