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Regis Resources (Regis Resources) Equity-to-Asset

: 0.64 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Regis Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $970.1 Mil. Regis Resources's Total Assets for the quarter that ended in Dec. 2023 was $1,513.7 Mil. Therefore, Regis Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

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

RGRNF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64   Med: 0.75   Max: 0.82
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Regis Resources was 0.82. The lowest was 0.64. And the median was 0.75.

RGRNF's Equity-to-Asset is ranked worse than
64.7% of 2697 companies
in the Metals & Mining industry
Industry Median: 0.81 vs RGRNF: 0.64

Regis Resources Equity-to-Asset Historical Data

The historical data trend for Regis Resources'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.

Regis Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.73 0.69 0.68 0.65

Regis Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.68 0.68 0.68 0.65 0.64

Competitive Comparison

For the Gold subindustry, Regis Resources'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.


Regis Resources Equity-to-Asset Distribution

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

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



Regis Resources 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.

Regis Resources's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1033.45/1592.35
=0.65

Regis Resources'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
=970.1/1513.716
=0.64

* 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.


Regis Resources  (OTCPK:RGRNF) 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%.


Regis Resources Equity-to-Asset Related Terms

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


Regis Resources (Regis Resources) Business Description

Traded in Other Exchanges
Address
516 Hay Street, Level 2, Subiaco, Perth, WA, AUS, 6008
Regis Resources Ltd is one of Australia's largest gold companies, producing around 437,309 ounces of gold per year. Cash costs are below the industry average. Operating mines are located in Western Australia, which brings relatively low sovereign risk. Management has a sound operating track record and an appropriate bias towards strong balance sheets and dividends; however, the gold price and new investments will be the primary arbiters of long-term returns. Development of the McPhillamys deposit in New South Wales, if approved, should add approximately two hundred thousand ounces of gold production a year in the medium term. The Company has three reportable segments which comprise the Duketon North Operations, and Duketon South Operations, Tropicana Gold Project.