Luiri Gold (ASX:LGM) Equity-to-Asset : 0.77 (As of Jun. 2016)

Luiri Gold Equity-to-Asset Chart

Luiri Gold Annual Data
	Trend	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11	Oct12	Dec13	Dec14	Dec15
Equity-to-Asset		Get a 7-Day Free Trial					0.79	0.73	0.03	0.64	0.87

Luiri Gold Semi-Annual Data
	Sep05	Mar06	Apr07	Oct07	Apr08	Oct08	Apr09	Oct09	Apr10	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Jun14	Dec14	Jun15	Dec15	Jun16
Equity-to-Asset	Get a 7-Day Free Trial															0.30	0.64	0.85	0.87	0.77

Competitive Comparison of Luiri Gold's Equity-to-Asset

For the Gold subindustry, Luiri Gold'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.

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

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

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

Luiri Gold 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.

Luiri Gold's Equity to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Luiri Gold's Equity to Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

* 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.

Luiri Gold  (ASX:LGM) 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%.

Luiri Gold Equity-to-Asset Related Terms

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

Luiri Gold (ASX:LGM) Business Description