Piche Resources (ASX:PR2) Equity-to-Asset : 0.94 (As of Dec. 2024)

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What is Piche Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Piche Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$6.69 Mil. Piche Resources's Total Assets for the quarter that ended in Dec. 2024 was A$7.15 Mil.

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

ASX:PR2' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.94 Max: 0.98
Current: 0.94

During the past 2 years, the highest Equity to Asset Ratio of Piche Resources was 0.98. The lowest was 0.22. And the median was 0.94.

ASX:PR2's Equity-to-Asset is ranked better than
77.17% of 2668 companies
in the Metals & Mining industry
Industry Median: 0.78 vs ASX:PR2: 0.94

Piche Resources Equity-to-Asset Historical Data

The historical data trend for Piche 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.

* Premium members only.

Piche Resources Equity-to-Asset Chart

Piche Resources Annual Data

Trend

Jun23

Jun24

Equity-to-Asset

0.22

Piche Resources Semi-Annual Data
	Jun23	Dec23	Jun24	Dec24
Equity-to-Asset	-	0.98	0.22	0.94

Competitive Comparison of Piche Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Piche 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.

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

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

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

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Piche 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.

Piche Resources'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
	=	0.494	/	2.248
	=

Piche Resources'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
	=	6.69	/	7.15
	=

Piche Resources (ASX:PR2) 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%.

Piche Resources Equity-to-Asset Related Terms

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

Piche Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Piche Resources Ltd (ASX:PR2) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 St Georges Terrace, Level 4, Perth, WA, AUS, 6000

Website

https://www.piche.com.au

Piche Resources Ltd is a mineral exploration company, focusing on exploration for uranium, as well as other precious and base metals, specifically, gold, silver, copper, lead, zinc and rare earth elements (REEs) in Western Australia and Argentina. The company owns a suite of seven granted exploration licences in Western Australia, covering four projects - Ashburton, GascoyneMinindi, Abydos and Beasley Creek. In Argentina the company owns 10 granted mining concessions and 18 applications for mining concessions covering two projects - Sierra Cuadrada and Cerro Chacon.

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