Leeuwin Metals (ASX:LM1) Equity-to-Asset : 0.92 (As of Dec. 2024)

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What is Leeuwin Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Leeuwin Metals's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$2.88 Mil. Leeuwin Metals's Total Assets for the quarter that ended in Dec. 2024 was A$3.14 Mil.

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

ASX:LM1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91 Med: 0.93 Max: 0.99
Current: 0.92

During the past 2 years, the highest Equity to Asset Ratio of Leeuwin Metals was 0.99. The lowest was 0.91. And the median was 0.93.

ASX:LM1's Equity-to-Asset is ranked better than
72.04% of 2668 companies
in the Metals & Mining industry
Industry Median: 0.78 vs ASX:LM1: 0.92

Leeuwin Metals Equity-to-Asset Historical Data

The historical data trend for Leeuwin 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.

Leeuwin Metals Equity-to-Asset Chart

Leeuwin Metals Annual Data

Trend

Jun23

Jun24

Equity-to-Asset

0.91

0.93

Leeuwin Metals Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Equity-to-Asset	0.99	0.91	0.96	0.93	0.92

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

For the Other Industrial Metals & Mining subindustry, Leeuwin 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.

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

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

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

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Leeuwin 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.

Leeuwin 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
	=	3.294	/	3.557
	=

Leeuwin 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
	=	2.878	/	3.141
	=

Leeuwin Metals (ASX:LM1) 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%.

Leeuwin Metals Equity-to-Asset Related Terms

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

Leeuwin Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Leeuwin Metals Ltd (ASX:LM1) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2/68 Hay Street, Subiaco, Perth, WA, AUS, 6008

Website

https://www.leeuwinmetals.com

Leeuwin Metals Ltd is a mineral explorer committed to securing critical metals vital for the advancement of electric vehicles and renewable energy. It is focused on acquiring, exploring, and developing Nickel and Lithium projects, together with considering other critical minerals opportunities, within Canada and Australia. The company's projects include the Cross Lake Lithium Project, the William Lake Nickel Project, and the West Pilbara Iron Ore Project.

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