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Fox Resources (ASX:FXR) Equity-to-Asset : 0.49 (As of Jun. 2014)


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What is Fox Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fox Resources's Total Stockholders Equity for the quarter that ended in Jun. 2014 was A$11.15 Mil. Fox Resources's Total Assets for the quarter that ended in Jun. 2014 was A$22.86 Mil.

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

During the past 13 years, the highest Equity to Asset Ratio of Fox Resources was 0.83. The lowest was 0.00. And the median was 0.65.

ASX:FXR's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Fox Resources Equity-to-Asset Historical Data

The historical data trend for Fox Resources'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.

Fox Resources Equity-to-Asset Chart

Fox Resources 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 0.83 0.81 0.72 0.40 0.49

Fox Resources Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 0.72 0.64 0.40 0.39 0.49

Competitive Comparison of Fox Resources's Equity-to-Asset

For the Copper subindustry, Fox Resources'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.


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

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

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



Fox Resources 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.

Fox Resources'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
=11.148/22.859
=

Fox Resources'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
=11.148/22.859
=

* 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.


Fox Resources  (ASX:FXR) 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%.


Fox Resources Equity-to-Asset Related Terms

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


Fox Resources (ASX:FXR) Business Description

Traded in Other Exchanges
N/A
Address
Fox Resources Ltd is incorporated in Australia. The Company explores base metals, gold, iron ore and coal and the evaluation of a heap leaching operation. The Company's project include the Radio Hill and Sholl Heap Leaching Project. The Radio Hill mine, located 35km south of Karratha, produced nickel and copper concentrate for four year. The Company's operations are subject to various environmental regulations under both Commonwealth and State Government legislation.

Fox Resources (ASX:FXR) Headlines