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Fortuna Silver Mines (FRA:F4S) Equity-to-Asset : 0.63 (As of Dec. 2023)


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What is Fortuna Silver Mines Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fortuna Silver Mines's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,135.6 Mil. Fortuna Silver Mines's Total Assets for the quarter that ended in Dec. 2023 was €1,804.5 Mil. Therefore, Fortuna Silver Mines's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.

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

FRA:F4S' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.69   Max: 0.8
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Fortuna Silver Mines was 0.80. The lowest was 0.63. And the median was 0.69.

FRA:F4S's Equity-to-Asset is ranked worse than
64.94% of 2701 companies
in the Metals & Mining industry
Industry Median: 0.8 vs FRA:F4S: 0.63

Fortuna Silver Mines Equity-to-Asset Historical Data

The historical data trend for Fortuna Silver Mines'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.

Fortuna Silver Mines Equity-to-Asset Chart

Fortuna Silver Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.69 0.68 0.66 0.63

Fortuna Silver Mines Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only 0.66 0.65 0.63 0.65 0.63

Competitive Comparison of Fortuna Silver Mines's Equity-to-Asset

For the Gold subindustry, Fortuna Silver Mines'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.


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

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

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



Fortuna Silver Mines 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.

Fortuna Silver Mines's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1135.583/1804.53
=0.63

Fortuna Silver Mines'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
=1135.583/1804.53
=0.63

* 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.


Fortuna Silver Mines  (FRA:F4S) 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%.


Fortuna Silver Mines Equity-to-Asset Related Terms

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


Fortuna Silver Mines (FRA:F4S) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6
Fortuna Silver Mines Inc is engaged in precious and base metal mining and related activities in Argentina, Burkina Faso, Mexico, Peru, and Cote d'Ivoire. The company operates the open pit Lindero gold mine in northern Argentina, the underground Yaramoko mine in southwestern Burkina Faso, the underground San Jose silver and gold mine in southern Mexico, the underground Caylloma silver, lead, and zinc mine in southern Peru, and is developing the open pit Seguela gold mine in southwestern Cote d'Ivoire. The company earns revenue from contracts with customers related to its concentrate and dore sales.

Fortuna Silver Mines (FRA:F4S) Headlines

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