Bastion Minerals (ASX:BMO) Equity-to-Asset : 0.59 (As of Jun. 2024)

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What is Bastion Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bastion Minerals's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$1.54 Mil. Bastion Minerals's Total Assets for the quarter that ended in Jun. 2024 was A$2.62 Mil.

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

ASX:BMO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.73 Max: 0.92
Current: 0.59

During the past 3 years, the highest Equity to Asset Ratio of Bastion Minerals was 0.92. The lowest was 0.59. And the median was 0.73.

ASX:BMO's Equity-to-Asset is ranked worse than
65.04% of 2686 companies
in the Metals & Mining industry
Industry Median: 0.78 vs ASX:BMO: 0.59

Bastion Minerals Equity-to-Asset Historical Data

The historical data trend for Bastion Minerals'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.

Bastion Minerals Equity-to-Asset Chart

Bastion Minerals Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.83

0.73

0.72

Bastion Minerals Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Equity-to-Asset	Get a 7-Day Free Trial			0.80	0.73	0.60	0.72	0.59

Competitive Comparison of Bastion Minerals's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Bastion Minerals'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.

Bastion Minerals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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

Bastion Minerals 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.

Bastion Minerals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	3.509	/	4.873
	=

Bastion Minerals's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	1.543	/	2.62
	=

Bastion Minerals (ASX:BMO) 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%.

Bastion Minerals Equity-to-Asset Related Terms

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Bastion Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bastion Minerals Ltd (ASX:BMO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

J57:Germany

Address

22 Pitt Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.bastionminerals.com

Bastion Minerals Ltd is an early-stage exploration company focused on Copper, Lithium & Green metals. Its exploration projects includes Cometa Copper Project, Canadian Lithium Project, Gyttorp REE Project, Battery Metals Projects, Western Australia.