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Sinovus MiningASX:SNV Equity-to-Asset is 0.61 as of Dec. 2015, which is 36% below its 10-year median of 0.96. The stock has 4 warning signs investors should review.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sinovus Mining's Total Stockholders Equity for the quarter that ended in Dec. 2015 was A$1.14 Mil. Sinovus Mining's Total Assets for the quarter that ended in Dec. 2015 was A$1.88 Mil.
The historical rank and industry rank for Sinovus Mining's Equity-to-Asset or its related term are showing as below:
ASX:SNV'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57 Med: 0.96 Max: 0.99
Current: 0.96
During the past 9 years, the highest Equity to Asset Ratio of Sinovus Mining was 0.99. The lowest was 0.57. And the median was 0.96.
ASX:SNV's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.8
vs ASX:SNV: 0.96
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%.
Sinovus Mining Equity-to-Asset Related Terms
Sinovus Mining Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Sinovus Mining'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.
For the Copper subindustry, Sinovus Mining'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.
Sinovus Mining Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sinovus Mining's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sinovus Mining's Equity-to-Asset falls into.
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.
Sinovus Mining's Equity to Asset Ratio for the fiscal year that ended in Jun. 2016 is calculated as
* 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.
Sinovus Mining (ASX:SNV) has a Equity-to-Asset of 0.61 as of Dec. 2015. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sinovus Mining and its competitors. This is 36% below median its historical median of 0.96. Over the past decade, Sinovus Mining's Equity-to-Asset has ranged from 0.57 to 0.99.
Is Sinovus Mining's Equity-to-Asset too high?
Sinovus Mining's current Equity-to-Asset of 0.61 is 36% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.99. The Metals & Mining industry median Equity-to-Asset is 0.80. Sinovus Mining's value of 0.61 is 23.8% below this industry median.
How does Sinovus Mining's Equity-to-Asset compare to competitors?
Sinovus Mining's Equity-to-Asset of 0.61 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. Sinovus Mining's value of 0.61 is 23.8% below this benchmark. Historically, Sinovus Mining's own Equity-to-Asset has ranged from 0.57 to 0.99 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.80, Sinovus Mining has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,671 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sinovus Mining's current Equity-to-Asset of 0.61 is 23.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sinovus Mining and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinovus Mining's current Equity-to-Asset is 0.61, which is 36% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinovus Mining stock overvalued right now?
Sinovus Mining (ASX:SNV) has a current Equity-to-Asset of 0.61. The current Equity-to-Asset is 0.61, which is 36% below median its 10-year median of 0.96 and 23.8% below the Metals & Mining industry median of 0.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Sinovus Mining (ASX:SNV), the current Equity-to-Asset is 0.61 as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Sinovus Mining Ltd is a mineral resource company. It engaged in developing its gold assets in the Heilongjiang region of north-eastern China. The Company's main projects include: Xiangguang Silver Project, Laogouxi Gold Project, YangShan Coal Mine and Paltar Petroleum Limited.
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