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Orange Minerals NL (ASX:OMX) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is Orange Minerals NL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Orange Minerals NL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$6.89 Mil. Orange Minerals NL's Total Assets for the quarter that ended in Dec. 2023 was A$7.21 Mil.

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

ASX:OMX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 0.97   Max: 0.97
Current: 0.96

During the past 3 years, the highest Equity to Asset Ratio of Orange Minerals NL was 0.97. The lowest was 0.96. And the median was 0.97.

ASX:OMX's Equity-to-Asset is ranked better than
84.33% of 2686 companies
in the Metals & Mining industry
Industry Median: 0.78 vs ASX:OMX: 0.96

Orange Minerals NL Equity-to-Asset Historical Data

The historical data trend for Orange Minerals NL'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.

Orange Minerals NL Equity-to-Asset Chart

Orange Minerals NL Annual Data
Trend Jun22 Jun23 Jun24
Equity-to-Asset
0.97 0.97 0.96

Orange Minerals NL Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial 0.97 0.97 0.97 0.96 0.96

Competitive Comparison of Orange Minerals NL's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Orange Minerals NL'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.


Orange Minerals NL's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Orange Minerals NL's Equity-to-Asset falls into.



Orange Minerals NL 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.

Orange Minerals NL's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=7.333/7.569
=

Orange Minerals NL'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
=6.889/7.212
=

* 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.


Orange Minerals NL  (ASX:OMX) 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%.


Orange Minerals NL Equity-to-Asset Related Terms

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


Orange Minerals NL Business Description

Traded in Other Exchanges
N/A
Address
7 Havelock Street, Level 2, West Perth, Perth, WA, AUS, 6005
Orange Minerals NL is a gold and copper exploration company. The company has only one operating segment which is exploration in Australia. The key projects of the company are Calarie Project, the Wisemans Creek Project, the Copper Hill Project, the Boda Project, the Majestic Project and the Kurnalpi Project.

Orange Minerals NL Headlines

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