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Australian Vanadium (ASX:AVL) Equity-to-Asset : 0.88 (As of Dec. 2023)


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What is Australian Vanadium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Australian Vanadium's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$70.40 Mil. Australian Vanadium's Total Assets for the quarter that ended in Dec. 2023 was A$80.38 Mil.

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

ASX:AVL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.78   Med: 0.96   Max: 1
Current: 0.88

During the past 13 years, the highest Equity to Asset Ratio of Australian Vanadium was 1.00. The lowest was 0.78. And the median was 0.96.

ASX:AVL's Equity-to-Asset is ranked better than
61.65% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs ASX:AVL: 0.88

Australian Vanadium Equity-to-Asset Historical Data

The historical data trend for Australian Vanadium'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.

Australian Vanadium Equity-to-Asset Chart

Australian Vanadium Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.97 0.94 0.94 0.78

Australian Vanadium 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 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 0.92 0.94 0.93 0.78 0.88

Competitive Comparison of Australian Vanadium's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Australian Vanadium'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.


Australian Vanadium's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Australian Vanadium 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.

Australian Vanadium'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
=60.489/77.425
=0.78

Australian Vanadium'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
=70.396/80.377
=

* 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.


Australian Vanadium  (ASX:AVL) 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%.


Australian Vanadium Equity-to-Asset Related Terms

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


Australian Vanadium (ASX:AVL) Business Description

Traded in Other Exchanges
Address
50 Kings Park Road, Level 2, Perth, WA, AUS, 6005
Australian Vanadium Ltd is engaged in the exploration for vanadium/titanium and other economic resources and also engaged the development of vanadium electrolyte production and the sale of VRFB systems. The firm operates in two segments: Exploration and Energy storage. Its projects include The Australian Vanadium Project, Coates Project - Vanadium, PGE, Nickel, Blesberg Lithium-Tantalum, Nowthanna Hill Uranium & Vanadium.

Australian Vanadium (ASX:AVL) Headlines

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