Pantera Minerals (ASX:PFE) Equity-to-Asset : 0.91 (As of Dec. 2023)

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What is Pantera Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pantera Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$8.51 Mil. Pantera Minerals's Total Assets for the quarter that ended in Dec. 2023 was A$9.34 Mil.

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

ASX:PFE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88 Med: 0.9 Max: 0.98
Current: 0.91

During the past 2 years, the highest Equity to Asset Ratio of Pantera Minerals was 0.98. The lowest was 0.88. And the median was 0.90.

ASX:PFE's Equity-to-Asset is ranked better than
68.44% of 2712 companies
in the Metals & Mining industry
Industry Median: 0.79 vs ASX:PFE: 0.91

Pantera Minerals Equity-to-Asset Historical Data

The historical data trend for Pantera Minerals'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.

Pantera Minerals Equity-to-Asset Chart

Pantera Minerals Annual Data

Trend

Jun22

Jun23

Equity-to-Asset

0.88

0.90

Pantera Minerals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	0.98	0.88	0.90	0.90	0.91

Competitive Comparison of Pantera Minerals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Pantera Minerals'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.

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

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

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

Pantera Minerals 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.

Pantera Minerals'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
	=	6.379	/	7.121
	=

Pantera Minerals'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
	=	8.509	/	9.344
	=

Pantera Minerals (ASX:PFE) 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%.

Pantera Minerals Equity-to-Asset Related Terms

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

Pantera Minerals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Outram Street,, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.panteraminerals.com

Pantera Minerals Ltd is a mineral exploration company. Its projects include the Superbird Lithium Brine project, Hellcat Lead-Silver project, Yampi Iron Ore and Copper projects, Fredrick Pollymetalic projects, and the Weelarrana Manganese project. It operates in the given segment which is mineral exploration and evaluation in Western Australia.