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Si6 Metals (ASX:SI6) Equity-to-Asset : 0.39 (As of Dec. 2023)


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What is Si6 Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Si6 Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$0.33 Mil. Si6 Metals's Total Assets for the quarter that ended in Dec. 2023 was A$0.84 Mil.

The historical rank and industry rank for Si6 Metals's Equity-to-Asset or its related term are showing as below:

ASX:SI6' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.93   Max: 0.98
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Si6 Metals was 0.98. The lowest was 0.39. And the median was 0.93.

ASX:SI6's Equity-to-Asset is ranked worse than
79.21% of 2703 companies
in the Metals & Mining industry
Industry Median: 0.8 vs ASX:SI6: 0.39

Si6 Metals Equity-to-Asset Historical Data

The historical data trend for Si6 Metals'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.

Si6 Metals Equity-to-Asset Chart

Si6 Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.88 0.92 0.95 0.76

Si6 Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.92 0.95 0.94 0.76 0.39

Competitive Comparison of Si6 Metals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Si6 Metals'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.


Si6 Metals's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Si6 Metals's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Si6 Metals's Equity-to-Asset falls into.



Si6 Metals 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.

Si6 Metals'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
=0.66/0.871
=

Si6 Metals'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
=0.33/0.839
=

* 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.


Si6 Metals  (ASX:SI6) 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%.


Si6 Metals Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Si6 Metals's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Si6 Metals (ASX:SI6) Business Description

Traded in Other Exchanges
Address
168 Stirling Highway, Nedlands, Perth, WA, AUS, 6009
Si6 Metals Ltd is a mineral exploration company. It focuses on the exploration development for base metals and in particular for nickel and copper and PGEs within the Group's tenement portfolio located over the Limpopo belt on the eastern side of Botswana. Its geographical segments include Australia and Botswana. The Group's principal activities continue to be exploration at the Maibele Base Metal Project (Botswana) and at the Monument Gold Project (Western Australia).

Si6 Metals (ASX:SI6) Headlines

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