GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ten Sixty Four Ltd (ASX:X64) » Definitions » Equity-to-Asset

Ten Sixty Four (ASX:X64) Equity-to-Asset : 0.94 (As of Jun. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Ten Sixty Four Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ten Sixty Four's Total Stockholders Equity for the quarter that ended in Jun. 2023 was A$260.6 Mil. Ten Sixty Four's Total Assets for the quarter that ended in Jun. 2023 was A$276.0 Mil. Therefore, Ten Sixty Four's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.94.

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

ASX:X64' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.89   Max: 0.94
Current: 0.94

During the past 13 years, the highest Equity to Asset Ratio of Ten Sixty Four was 0.94. The lowest was 0.70. And the median was 0.89.

ASX:X64's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.79 vs ASX:X64: 0.94

Ten Sixty Four Equity-to-Asset Historical Data

The historical data trend for Ten Sixty Four'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.

Ten Sixty Four Equity-to-Asset Chart

Ten Sixty Four 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 0.81 0.83 0.89 0.90 0.94

Ten Sixty Four Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.89 0.90 0.90 0.91 0.94

Competitive Comparison of Ten Sixty Four's Equity-to-Asset

For the Gold subindustry, Ten Sixty Four'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.


Ten Sixty Four's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ten Sixty Four's Equity-to-Asset falls into.



Ten Sixty Four 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.

Ten Sixty Four'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
=260.601/275.958
=0.94

Ten Sixty Four's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=260.601/275.958
=0.94

* 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.


Ten Sixty Four  (ASX:X64) 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%.


Ten Sixty Four Equity-to-Asset Related Terms

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


Ten Sixty Four Business Description

Traded in Other Exchanges
Address
1209 Hay Street, Suite 3, Level 1, West Perth, Perth, WA, AUS, 6005
Ten Sixty Four Ltd is an Australian based gold producer company. It is engaged in the mineral exploration, evaluation, development, and production of properties. The company's segments include Mining, Exploration, and Other. The Mining segment generates all of its revenues. Its projects include the Co-O mine, Philippines exploration, and Queensland projects. It derives revenue from the sale of gold and silver. Its geographical segments include Australia, the Philippines, and Hong Kong, of which all of the revenues are generated from Hong Kong.

Ten Sixty Four Headlines

No Headlines