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Veris Gold (Veris Gold) Equity-to-Asset : 0.06 (As of Sep. 2014)


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What is Veris Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Veris Gold's Total Stockholders Equity for the quarter that ended in Sep. 2014 was $17.4 Mil. Veris Gold's Total Assets for the quarter that ended in Sep. 2014 was $302.6 Mil. Therefore, Veris Gold's Equity to Asset Ratio for the quarter that ended in Sep. 2014 was 0.06.

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

YNGFF'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.

Veris Gold Equity-to-Asset Historical Data

The historical data trend for Veris Gold'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.

Veris Gold Equity-to-Asset Chart

Veris Gold 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 0.51 -0.32 0.27 0.28 0.15

Veris Gold Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.26 0.15 0.10 0.08 0.06

Competitive Comparison of Veris Gold's Equity-to-Asset

For the Gold subindustry, Veris Gold'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.


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

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

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



Veris Gold 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.

Veris Gold'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
=46.485/312.951
=0.15

Veris Gold's Equity to Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

Equity to Asset (Q: Sep. 2014 )=Total Stockholders Equity/Total Assets
=17.438/302.556
=0.06

* 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.


Veris Gold  (OTCPK:YNGFF) 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%.


Veris Gold Equity-to-Asset Related Terms

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


Veris Gold (Veris Gold) Business Description

Traded in Other Exchanges
N/A
Address
688 West Hastings Street, Suite 900, Vancouver, BC, CAN, V6B 1P1
Veris Gold Corp is a Canadian based company engaged in the gold mining activities. It is engaged in the mining, exploration, and development of mineral properties located in Canada and the United States. The company primarily holds an interest in Jerritt Canyon gold mine located in Elko, Nevada; and the Ketza River property located in the Yukon Territory in Canada. Veris primarily explores for gold, silver, zinc, and copper properties.

Veris Gold (Veris Gold) Headlines

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