C29 Metals (ASX:C29) Equity-to-Asset : 0.97 (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is C29 Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. C29 Metals's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$8.86 Mil. C29 Metals's Total Assets for the quarter that ended in Dec. 2024 was A$9.10 Mil.

The historical rank and industry rank for C29 Metals's Equity-to-Asset or its related term are showing as below:

ASX:C29' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91 Med: 0.97 Max: 0.98
Current: 0.97

During the past 3 years, the highest Equity to Asset Ratio of C29 Metals was 0.98. The lowest was 0.91. And the median was 0.97.

ASX:C29's Equity-to-Asset is ranked better than
87.35% of 2665 companies
in the Metals & Mining industry
Industry Median: 0.79 vs ASX:C29: 0.97

C29 Metals Equity-to-Asset Historical Data

The historical data trend for C29 Metals'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.

C29 Metals Equity-to-Asset Chart

C29 Metals Annual Data

Trend

Jun22

Jun23

Jun24

Equity-to-Asset

0.98

0.92

0.97

C29 Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial			0.98	0.92	0.91	0.97	0.97

Competitive Comparison of C29 Metals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, C29 Metals'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.

C29 Metals's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, C29 Metals's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where C29 Metals's Equity-to-Asset falls into.

Save Embed

;

Save Embed

;

C29 Metals 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.

C29 Metals's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	7.439	/	7.673
	=

C29 Metals's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	8.86	/	9.098
	=

C29 Metals (ASX:C29) 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%.

C29 Metals Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of C29 Metals's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

C29 Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » C29 Metals Ltd (ASX:C29) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Douro Place, Suite 4, West Perth, WA, AUS, 6005

Website

https://www.c29metals.com.au

C29 Metals Ltd is a minerals exploration company, engaged in identifying, exploring and developing prospective copper, gold and base metal assets throughout Australia. The company's projects include Sampson Tank, Reedy Creek Project, Torrens Projects, and Stadlers Project. It is organised into two operating segments, being the exploration of minerals in Australia and exploration of minerals in Kazakhstan.

C29 Metals Headlines

No Headlines