Moreton Resources (ASX:MRV) Equity-to-Asset: 0.31 (As of Dec. 2018) — 24% Below Median

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What is Moreton Resources Equity-to-Asset?

Moreton Resources ASX:MRV Equity-to-Asset is 0.31 as of Dec. 2018, which is 24% below its 10-year median of 0.41. The stock has 4 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Moreton Resources's Total Stockholders Equity for the quarter that ended in Dec. 2018 was A$11.53 Mil. Moreton Resources's Total Assets for the quarter that ended in Dec. 2018 was A$36.80 Mil.

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

During the past 13 years, the highest Equity to Asset Ratio of Moreton Resources was 0.41. The lowest was 0.00. And the median was 0.41.

ASX:MRV's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Moreton Resources  (ASX:MRV) 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%.


Moreton Resources Equity-to-Asset Related Terms


Moreton Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Moreton 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.

Moreton Resources Equity-to-Asset Chart

Moreton Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.97 0.75 0.67 0.15

Moreton Resources Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 0.75 0.70 0.67 0.31 0.15

ASX:MRV vs BTUUQ, KIRY, RHNO: Equity-to-Asset Comparison

For the Other Industrial Metals & Mining subindustry, Moreton 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.


Moreton Resources Equity-to-Asset vs Metals & Mining Industry

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

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



Moreton 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.

Moreton Resources's Equity to Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Equity to Asset (A: Jun. 2019 )=Total Stockholders Equity/Total Assets
=5.298/35.236
=0.15

Moreton Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Equity to Asset (Q: Dec. 2018 )=Total Stockholders Equity/Total Assets
=11.528/36.804
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.31 mean?
Moreton Resources (ASX:MRV) has a Equity-to-Asset of 0.31 as of Dec. 2018. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Moreton Resources and its competitors. This is 24% below median its historical median of 0.41.
Is Moreton Resources' Equity-to-Asset too high?
Moreton Resources' current Equity-to-Asset of 0.31 is 24% below median its 10-year median of 0.41. The Metals & Mining industry median Equity-to-Asset is 0.80. Moreton Resources' value of 0.31 is 61.3% below this industry median.
How does Moreton Resources' Equity-to-Asset compare to BTUUQ and KIRY?
Moreton Resources' Equity-to-Asset of 0.31 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. Moreton Resources' value of 0.31 is 61.3% below this benchmark. While the company's 10-year median is 0.41 vs. the industry median of 0.80, Moreton Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,672 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Moreton Resources's current Equity-to-Asset of 0.31 is 61.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Moreton Resources and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moreton Resources's current Equity-to-Asset is 0.31, which is 24% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moreton Resources stock overvalued right now?
Moreton Resources (ASX:MRV) has a current Equity-to-Asset of 0.31. The current Equity-to-Asset is 0.31, which is 24% below median its 10-year median of 0.41 and 61.3% below the Metals & Mining industry median of 0.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Moreton Resources (ASX:MRV), the current Equity-to-Asset is 0.31 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Moreton Resources Business Description

Address 1B, 169 Kelvin Grove Road, Kelvin Grove, QLD, AUS, 4059
Moreton Resources Ltd is engaged in the extraction and sale of silver from existing leach heaps at its Texas mine. The group only operates in one geographical location being Australia. The company earns the majority of revenue from Siver.