Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Paramount Gold Nevada's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $40.79 Mil. Paramount Gold Nevada's Total Assets for the quarter that ended in Dec. 2023 was $61.44 Mil.
The historical rank and industry rank for Paramount Gold Nevada's Equity-to-Asset or its related term are showing as below:
PZG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.89 Max: 0.97
Current: 0.66
During the past 12 years, the highest Equity to Asset Ratio of Paramount Gold Nevada was 0.97. The lowest was 0.44. And the median was 0.89.
PZG's Equity-to-Asset is ranked worse than 63.29% of 2702
companies
in the Metals & Mining industry
Industry Median: 0.8
vs PZG: 0.66
Paramount Gold Nevada Equity-to-Asset Historical Data
The historical data trend for Paramount Gold Nevada'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.
For the Gold subindustry, Paramount Gold Nevada'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.
Paramount Gold Nevada Equity-to-Asset Distribution
For the Metals & Mining industry and Basic Materials sector, Paramount Gold Nevada's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Paramount Gold Nevada's Equity-to-Asset falls into.
Paramount Gold Nevada 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.
Paramount Gold Nevada's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
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%.
Paramount Gold Nevada Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Paramount Gold Nevada's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Paramount Gold Nevada (Paramount Gold Nevada) Business Description
Paramount Gold Nevada Corp is an exploration-stage mining company. Together with its subsidiaries, it is engaged in the business of acquiring, exploring, and developing precious metal projects in the United States. Also, it explores for gold and silver. It enhances the value of projects by implementing exploration and engineering programs that are likely to expand and upgrade known mineralized material to reserves. Paramount tries to realize the value of its projects by selling its projects to producers; joint venturing its projects with other companies; or building and operating small mines on its own. Its projects include sleeper gold, grassy mountain gold, frost project; other non-material, and mineral resources.
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