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Strategic Energy Resources (ASX:SER) Equity-to-Asset : 0.95 (As of Dec. 2023)


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What is Strategic Energy Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Strategic Energy Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$7.59 Mil. Strategic Energy Resources's Total Assets for the quarter that ended in Dec. 2023 was A$7.98 Mil.

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

ASX:SER' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.84   Med: 0.95   Max: 0.98
Current: 0.9

During the past 13 years, the highest Equity to Asset Ratio of Strategic Energy Resources was 0.98. The lowest was 0.84. And the median was 0.95.

ASX:SER's Equity-to-Asset is ranked better than
67.61% of 2686 companies
in the Metals & Mining industry
Industry Median: 0.78 vs ASX:SER: 0.90

Strategic Energy Resources Equity-to-Asset Historical Data

The historical data trend for Strategic Energy 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.

Strategic Energy Resources Equity-to-Asset Chart

Strategic Energy Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.98 0.97 0.84 0.90

Strategic Energy Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.97 0.98 0.84 0.95 0.90

Competitive Comparison of Strategic Energy Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Strategic Energy 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.


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

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

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



Strategic Energy 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.

Strategic Energy 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
=7.618/8.461
=0.90

Strategic Energy Resources'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
=7.593/7.98
=

* 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.


Strategic Energy Resources  (ASX:SER) 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%.


Strategic Energy Resources Equity-to-Asset Related Terms

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


Strategic Energy Resources Business Description

Traded in Other Exchanges
Address
100 Albert Road, Level 4, South Melbourne, Melbourne, VIC, AUS, 3205
Strategic Energy Resources Ltd is engaged in the exploration of minerals in Australia. Its projects include the Canobie Project, Isa North Copper-Gold Project, Mundi Project, West Koonenberry, Myall Creek, and the South Cobar Project among others. The company operates in one segment which is mineral exploration within Australia.