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


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What is Greentech Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Greentech Metals's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$17.37 Mil. Greentech Metals's Total Assets for the quarter that ended in Dec. 2024 was A$17.90 Mil.

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

ASX:GRE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.89   Med: 0.95   Max: 0.97
Current: 0.97

During the past 3 years, the highest Equity to Asset Ratio of Greentech Metals was 0.97. The lowest was 0.89. And the median was 0.95.

ASX:GRE's Equity-to-Asset is ranked better than
88.33% of 2647 companies
in the Metals & Mining industry
Industry Median: 0.78 vs ASX:GRE: 0.97

Greentech Metals Equity-to-Asset Historical Data

The historical data trend for Greentech 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.

Greentech Metals Equity-to-Asset Chart

Greentech Metals Annual Data
Trend Jun22 Jun23 Jun24
Equity-to-Asset
0.94 0.95 0.97

Greentech Metals Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Equity-to-Asset Get a 7-Day Free Trial 0.96 0.95 0.89 0.97 0.97

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

For the Other Industrial Metals & Mining subindustry, Greentech 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.


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

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

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


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Greentech 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.

Greentech 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
=17.258/17.715
=

Greentech 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
=17.374/17.9
=

* 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.


Greentech Metals  (ASX:GRE) 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%.


Greentech Metals Equity-to-Asset Related Terms

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


Greentech Metals Business Description

Traded in Other Exchanges
N/A
Address
99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Greentech Metals Ltd is is a Western Australian battery metals focused exploration and development company advancing a portfolio of high quality projects in the West Pilbara and Fraser Range provinces. The company's projects include Osborne JV, Whundo, Ruth Well, Bertram Project, Pilbara Lithium Projects, Mawson South, Dundas and Windimurra. The Group has one operating segment, being mineral exploration and development.

Greentech Metals Headlines

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