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Global Cobalt (FRA:3P0) Equity-to-Asset : -0.30 (As of Jan. 2016)


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What is Global Cobalt Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Global Cobalt's Total Stockholders Equity for the quarter that ended in Jan. 2016 was €-0.89 Mil. Global Cobalt's Total Assets for the quarter that ended in Jan. 2016 was €2.96 Mil.

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

FRA:3P0's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Global Cobalt Equity-to-Asset Historical Data

The historical data trend for Global Cobalt'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.

Global Cobalt Equity-to-Asset Chart

Global Cobalt Annual Data
Trend Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.94 0.72 0.21 0.39 0.09

Global Cobalt Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16
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 0.20 0.09 0.09 0.04 -0.30

Competitive Comparison of Global Cobalt's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Global Cobalt'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.


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

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

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



Global Cobalt 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.

Global Cobalt's Equity to Asset Ratio for the fiscal year that ended in Apr. 2015 is calculated as

Equity to Asset (A: Apr. 2015 )=Total Stockholders Equity/Total Assets
=0.534/5.86
=

Global Cobalt's Equity to Asset Ratio for the quarter that ended in Jan. 2016 is calculated as

Equity to Asset (Q: Jan. 2016 )=Total Stockholders Equity/Total Assets
=-0.885/2.959
=

* 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.


Global Cobalt  (FRA:3P0) 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%.


Global Cobalt Equity-to-Asset Related Terms

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


Global Cobalt (FRA:3P0) Business Description

Traded in Other Exchanges
N/A
Address
128 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6B 1R8
Global Cobalt Corp is an exploration stage company. Its projects are Altai Sister Properties, and The Iron Creek Cobalt-Copper Project.

Global Cobalt (FRA:3P0) Headlines

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