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Goldcorp (Goldcorp) Equity-to-Asset : 0.58 (As of Dec. 2018)


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What is Goldcorp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Goldcorp's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $9,875 Mil. Goldcorp's Total Assets for the quarter that ended in Dec. 2018 was $16,967 Mil. Therefore, Goldcorp's Equity to Asset Ratio for the quarter that ended in Dec. 2018 was 0.58.

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

GG'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.

Goldcorp Equity-to-Asset Historical Data

The historical data trend for Goldcorp'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.

Goldcorp Equity-to-Asset Chart

Goldcorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.60 0.62 0.65 0.58

Goldcorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.65 0.66 0.65 0.64 0.58

Competitive Comparison of Goldcorp's Equity-to-Asset

For the Gold subindustry, Goldcorp'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.


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

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

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



Goldcorp 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.

Goldcorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=9875/16967
=0.58

Goldcorp's Equity to Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Equity to Asset (Q: Dec. 2018 )=Total Stockholders Equity/Total Assets
=9875/16967
=0.58

* 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.


Goldcorp  (NYSE:GG) 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%.


Goldcorp Equity-to-Asset Related Terms

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


Goldcorp (Goldcorp) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 3400, Park Place, Vancouver, BC, CAN, V6C 2X8
Goldcorp is a senior gold mining company with operations in Canada, the United States, Mexico, and Latin America. It produced roughly 2.3 million ounces of gold in 2018. Goldcorp has historically focused on stable mining jurisdictions in North and South America while targeting rapid production growth through internal development and acquisitions. As of Dec. 31, 2018, Goldcorp had 52.8 million ounces of proven and probable gold reserves.