Continental Coal (ASX:CCC) Equity-to-Asset: 0.03 (As of Jun. 2014) — 88% Below Median

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What is Continental Coal Equity-to-Asset?

Continental Coal ASX:CCC Equity-to-Asset is 0.03 as of Jun. 2014, which is 88% below its 10-year median of 0.24. The stock has 4 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Continental Coal's Total Stockholders Equity for the quarter that ended in Jun. 2014 was A$3.68 Mil. Continental Coal's Total Assets for the quarter that ended in Jun. 2014 was A$149.90 Mil. Therefore, Continental Coal's Equity to Asset Ratio for the quarter that ended in Jun. 2014 was 0.03.

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

ASX:CCC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.24   Max: 0.53
Current: 0.03

During the past 4 years, the highest Equity to Asset Ratio of Continental Coal was 0.53. The lowest was 0.03. And the median was 0.24.

ASX:CCC's Equity-to-Asset is not ranked
in the Steel industry.
Industry Median: 0.55 vs ASX:CCC: 0.03

Continental Coal  (ASX:CCC) 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%.


Continental Coal Equity-to-Asset Related Terms


Continental Coal Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal Equity-to-Asset Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Equity-to-Asset
0.53 0.28 0.20 0.03

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Equity-to-Asset Get a 7-Day Free Trial 0.28 0.27 0.20 0.12 0.03

Continental Coal Equity-to-Asset Competitor Comparison

For the Coking Coal subindustry, Continental Coal'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.


Continental Coal Equity-to-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Continental Coal's Equity-to-Asset distribution charts can be found below:

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



Continental Coal 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.

Continental Coal's Equity to Asset Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Equity to Asset (A: Jun. 2014 )=Total Stockholders Equity/Total Assets
=3.675/149.899
=0.02

Continental Coal's Equity to Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Equity to Asset (Q: Jun. 2014 )=Total Stockholders Equity/Total Assets
=3.675/149.899
=0.02

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.03 mean?
Continental Coal (ASX:CCC) has a Equity-to-Asset of 0.03 as of Jun. 2014. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Continental Coal and its competitors. This is 88% below median its historical median of 0.24. Over the past decade, Continental Coal's Equity-to-Asset has ranged from 0.03 to 0.53.
Is Continental Coal's Equity-to-Asset too high?
Continental Coal's current Equity-to-Asset of 0.03 is 88% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.53. The Steel industry median Equity-to-Asset is 0.55. Continental Coal's value of 0.03 is 94.5% below this industry median.
How does Continental Coal's Equity-to-Asset compare to competitors?
Continental Coal's Equity-to-Asset of 0.03 can be compared against companies in the Steel industry. The industry median Equity-to-Asset is 0.55. Continental Coal's value of 0.03 is 94.5% below this benchmark. Historically, Continental Coal's own Equity-to-Asset has ranged from 0.03 to 0.53 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.55, Continental Coal has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.55, based on 635 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Continental Coal's current Equity-to-Asset of 0.03 is 94.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Continental Coal and its competitors. For the Steel industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Continental Coal's current Equity-to-Asset is 0.03, which is 88% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Equity-to-Asset of 0.03. The current Equity-to-Asset is 0.03, which is 88% below median its 10-year median of 0.24 and 94.5% below the Steel industry median of 0.55. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current Equity-to-Asset is 0.03 as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.