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Atlas Iron (Atlas Iron) Equity-to-Asset : 0.56 (As of Dec. 2017)


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What is Atlas Iron Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atlas Iron's Total Stockholders Equity for the quarter that ended in Dec. 2017 was $230.4 Mil. Atlas Iron's Total Assets for the quarter that ended in Dec. 2017 was $409.9 Mil. Therefore, Atlas Iron's Equity to Asset Ratio for the quarter that ended in Dec. 2017 was 0.56.

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

ATLGF's Equity-to-Asset is not ranked *
in the Steel industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

Atlas Iron Equity-to-Asset Historical Data

The historical data trend for Atlas Iron'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.

Atlas Iron Equity-to-Asset Chart

Atlas Iron Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.74 0.29 0.43 0.57

Atlas Iron Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 0.23 0.43 0.43 0.57 0.56

Competitive Comparison of Atlas Iron's Equity-to-Asset

For the Steel subindustry, Atlas Iron'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.


Atlas Iron's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Atlas Iron's Equity-to-Asset distribution charts can be found below:

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



Atlas Iron 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.

Atlas Iron's Equity to Asset Ratio for the fiscal year that ended in Jun. 2017 is calculated as

Equity to Asset (A: Jun. 2017 )=Total Stockholders Equity/Total Assets
=243.758/431.343
=0.57

Atlas Iron's Equity to Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

Equity to Asset (Q: Dec. 2017 )=Total Stockholders Equity/Total Assets
=230.359/409.865
=0.56

* 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.


Atlas Iron  (GREY:ATLGF) 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%.


Atlas Iron Equity-to-Asset Related Terms

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Atlas Iron (Atlas Iron) Business Description

Traded in Other Exchanges
N/A
Address
Atlas Iron Ltd is an Australian based mining company. The company is engaged in exploration, development, mining, and sale of iron ore. It is mining and exporting Direct Shipping Ore (DSO) from its operations in the Northern Pilbara region of Western Australia. Its products include Atlas fines, Atlas lump, and Value fines.

Atlas Iron (Atlas Iron) Headlines

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