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African Minerals (African Minerals) Equity-to-Asset : 0.27 (As of Jun. 2014)


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What is African Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. African Minerals's Total Stockholders Equity for the quarter that ended in Jun. 2014 was $851.1 Mil. African Minerals's Total Assets for the quarter that ended in Jun. 2014 was $3,152.6 Mil. Therefore, African Minerals's Equity to Asset Ratio for the quarter that ended in Jun. 2014 was 0.27.

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

AMLZF'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.

African Minerals Equity-to-Asset Historical Data

The historical data trend for African Minerals'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.

African Minerals Equity-to-Asset Chart

African Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.94 0.58 0.28 0.26

African Minerals Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only - 0.28 0.27 0.26 0.27

Competitive Comparison of African Minerals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, African Minerals'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.


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

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

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



African Minerals 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.

African Minerals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=844.5/3234.7
=0.26

African Minerals's Equity to Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Equity to Asset (Q: Jun. 2014 )=Total Stockholders Equity/Total Assets
=851.1/3152.6
=0.27

* 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.


African Minerals  (GREY:AMLZF) 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%.


African Minerals Equity-to-Asset Related Terms

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


African Minerals (African Minerals) Business Description

Traded in Other Exchanges
N/A
Address
Stratton House, 5 Stratton Street, London, GBR, W1J 8LA
African Minerals Ltd is a mineral exploration and development company. It is engaged in the development, design, construction, and operation of iron ore deposit at Tonkolili, Sierra Leone, and its related rail and port infrastructure. In addition, it is also involved in the marketing and sale of the iron ore produced from this project.

African Minerals (African Minerals) Headlines

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