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Amex Resources (Amex Resources) Equity-to-Asset : -0.44 (As of Dec. 2016)


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What is Amex Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Amex Resources's Total Stockholders Equity for the quarter that ended in Dec. 2016 was $-11.53 Mil. Amex Resources's Total Assets for the quarter that ended in Dec. 2016 was $26.10 Mil.

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

During the past 9 years, the highest Equity to Asset Ratio of Amex Resources was 0.99. The lowest was 0.00. And the median was 0.96.

AMXXF's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Amex Resources Equity-to-Asset Historical Data

The historical data trend for Amex 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.

Amex Resources Equity-to-Asset Chart

Amex Resources Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.85 0.99 0.36 0.18 -0.25

Amex Resources Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
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 0.19 0.18 0.05 -0.25 -0.44

Competitive Comparison of Amex Resources's Equity-to-Asset

For the Copper subindustry, Amex 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.


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

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

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



Amex 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.

Amex Resources's Equity to Asset Ratio for the fiscal year that ended in Jun. 2016 is calculated as

Equity to Asset (A: Jun. 2016 )=Total Stockholders Equity/Total Assets
=-6.072/24.143
=

Amex Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2016 is calculated as

Equity to Asset (Q: Dec. 2016 )=Total Stockholders Equity/Total Assets
=-11.531/26.099
=

* 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.


Amex Resources  (OTCPK:AMXXF) 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%.


Amex Resources Equity-to-Asset Related Terms

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Amex Resources (Amex Resources) Business Description

Traded in Other Exchanges
N/A
Address
Amex Resources Ltd is focused on gold and base metals exploration. The company's tenements are located within Western Australia with the majority of the portfolio situated in the Eastern Goldfields. The company has 100% ownership of 8 exploration projects and aims to upgrade its core assets through continual geological reviews.

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