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Kalgoorlie Gold Mining (ASX:KAL) Equity-to-Asset : 0.98 (As of Dec. 2023)


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What is Kalgoorlie Gold Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kalgoorlie Gold Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$10.70 Mil. Kalgoorlie Gold Mining's Total Assets for the quarter that ended in Dec. 2023 was A$10.94 Mil.

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

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

During the past 3 years, the highest Equity to Asset Ratio of Kalgoorlie Gold Mining was 0.98. The lowest was 0.97. And the median was 0.97.

ASX:KAL's Equity-to-Asset is ranked better than
89.02% of 2686 companies
in the Metals & Mining industry
Industry Median: 0.78 vs ASX:KAL: 0.97

Kalgoorlie Gold Mining Equity-to-Asset Historical Data

The historical data trend for Kalgoorlie Gold Mining'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.

Kalgoorlie Gold Mining Equity-to-Asset Chart

Kalgoorlie Gold Mining Annual Data
Trend Jun22 Jun23 Jun24
Equity-to-Asset
0.97 0.98 0.97

Kalgoorlie Gold Mining Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial 0.97 0.98 0.98 0.98 0.97

Competitive Comparison of Kalgoorlie Gold Mining's Equity-to-Asset

For the Gold subindustry, Kalgoorlie Gold Mining'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.


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

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

* The bar in red indicates where Kalgoorlie Gold Mining's Equity-to-Asset falls into.



Kalgoorlie Gold Mining 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.

Kalgoorlie Gold Mining'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
=10.353/10.725
=

Kalgoorlie Gold Mining's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=10.702/10.943
=

* 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.


Kalgoorlie Gold Mining  (ASX:KAL) 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%.


Kalgoorlie Gold Mining Equity-to-Asset Related Terms

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


Kalgoorlie Gold Mining Business Description

Traded in Other Exchanges
Address
1209 Hay Street, Level 1, West Perth, Perth, WA, AUS, 6005
Kalgoorlie Gold Mining Ltd is a mineral exploration company. Its project include Bulong Taurus Gold Project, Laverton Tectonic Zone, Keith-Kilkenny Tectonic Zone, Kalgoorlie Project, Pianto South Project, Davies Dam Project and Perrinvale Project.

Kalgoorlie Gold Mining Headlines

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