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Avocet Mining (Avocet Mining) Equity-to-Asset : -14.38 (As of Jun. 2018)


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What is Avocet Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avocet Mining's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $-30.03 Mil. Avocet Mining's Total Assets for the quarter that ended in Jun. 2018 was $2.09 Mil.

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

During the past 13 years, the highest Equity to Asset Ratio of Avocet Mining was 0.86. The lowest was -2.41. And the median was 0.64.

AVVGY's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Avocet Mining Equity-to-Asset Historical Data

The historical data trend for Avocet 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.

* Premium members only.

Avocet Mining Equity-to-Asset Chart

Avocet Mining Annual Data
Trend Mar08 Mar09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.11 -0.69 -0.69 -2.41

Avocet Mining Semi-Annual Data
Mar08 Sep08 Mar09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 -0.71 -0.69 -0.90 -2.41 -14.38

Competitive Comparison of Avocet Mining's Equity-to-Asset

For the Gold subindustry, Avocet 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.


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

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

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



Avocet Mining 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.

Avocet Mining's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=-55.238/22.941
=

Avocet Mining's Equity to Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

Equity to Asset (Q: Jun. 2018 )=Total Stockholders Equity/Total Assets
=-30.029/2.088
=

* 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.


Avocet Mining  (OTCPK:AVVGY) 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%.


Avocet Mining Equity-to-Asset Related Terms

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Avocet Mining (Avocet Mining) Business Description

Traded in Other Exchanges
N/A
Address
15 Old Bailey, 5th Floor, London, GBR, EC4M 7EF
Avocet Mining PLC is a West African gold mining and exploration company. It focuses on the evaluation and development of gold and other mineral resources.

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