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Direct Nickel (ASX:DIR) Equity-to-Asset : -6.40 (As of Dec. 2014)


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What is Direct Nickel Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Direct Nickel's Total Stockholders Equity for the quarter that ended in Dec. 2014 was A$-5.62 Mil. Direct Nickel's Total Assets for the quarter that ended in Dec. 2014 was A$0.88 Mil. Therefore, Direct Nickel's Equity to Asset Ratio for the quarter that ended in Dec. 2014 was -6.40.

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

ASX:DIR's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Direct Nickel Equity-to-Asset Historical Data

The historical data trend for Direct Nickel'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.

Direct Nickel Equity-to-Asset Chart

Direct Nickel Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -139.00 - - 0.13 -7.54

Direct Nickel Semi-Annual Data
Jun04 Dec04 Jun05 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 0.18 0.13 -2.98 -7.54 -6.40

Competitive Comparison of Direct Nickel's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Direct Nickel'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.


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

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

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



Direct Nickel 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.

Direct Nickel'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
=-6.504/0.863
=-7.54

Direct Nickel's Equity to Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

Equity to Asset (Q: Dec. 2014 )=Total Stockholders Equity/Total Assets
=-5.615/0.877
=-6.40

* 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.


Direct Nickel  (ASX:DIR) 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%.


Direct Nickel Equity-to-Asset Related Terms

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Direct Nickel (ASX:DIR) Business Description

Traded in Other Exchanges
N/A
Address
Direct Nickel Ltd is incorporated and domiciled in Australia. The Company is engaged in the research and development of nickel processing technology within the Oceania region. The Company has operations in Sydney and Perth. It also operates in Indonesia through its subsidiary, PT Direct Nickel with offices in Jakarta and has a 50% interest in a laterite deposit in Papua New Guinea.

Direct Nickel (ASX:DIR) Headlines

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