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King River Resources (ASX:KRR) Equity-to-Asset : 0.99 (As of Dec. 2024)


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What is King River Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. King River Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$27.17 Mil. King River Resources's Total Assets for the quarter that ended in Dec. 2024 was A$27.33 Mil.

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

ASX:KRR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.95   Med: 0.99   Max: 0.99
Current: 0.99

During the past 13 years, the highest Equity to Asset Ratio of King River Resources was 0.99. The lowest was 0.95. And the median was 0.99.

ASX:KRR's Equity-to-Asset is ranked better than
97.94% of 2665 companies
in the Metals & Mining industry
Industry Median: 0.78 vs ASX:KRR: 0.99

King River Resources Equity-to-Asset Historical Data

The historical data trend for King River 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.

King River Resources Equity-to-Asset Chart

King River Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.99 0.98 0.98 0.98

King River Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.99 0.98 0.99 0.98 0.99

Competitive Comparison of King River Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, King River 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.


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

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

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


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King River 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.

King River Resources'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
=27.482/27.968
=

King River Resources'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
=27.165/27.329
=

* 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.


King River Resources  (ASX:KRR) 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%.


King River Resources Equity-to-Asset Related Terms

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


King River Resources Business Description

Traded in Other Exchanges
N/A
Address
254 Adelaide Tce, Perth, WA, AUS, 6000
King River Resources Ltd is focusing on the exploration and development of the tenements in the East Kimberley region of Western Australia. Its mineral focus is on alumina, Vanadium, titanium, magnesium, and iron. It holds an interest in Tennant Creek NT, Mt Remarkable Project and many more. Geographically, it operates only in Australia. The company has two segments which are the development of the ARC High Purity Alumina ('HPA') Project and Exploration and Evaluation in Australia. Geographically, it derives a majority of its revenue from Australia.

King River Resources Headlines

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