GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Romarco Minerals Inc. (FRA:M1R) » Definitions » Equity-to-Asset

Romarco Minerals (FRA:M1R) Equity-to-Asset : 0.93 (As of Jun. 2015)


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

What is Romarco Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Romarco Minerals's Total Stockholders Equity for the quarter that ended in Jun. 2015 was €441.88 Mil. Romarco Minerals's Total Assets for the quarter that ended in Jun. 2015 was €473.66 Mil.

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

During the past 13 years, the highest Equity to Asset Ratio of Romarco Minerals was 1.00. The lowest was 0.00. And the median was 0.98.

FRA:M1R'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.

Romarco Minerals Equity-to-Asset Historical Data

The historical data trend for Romarco Minerals'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.

Romarco Minerals Equity-to-Asset Chart

Romarco Minerals Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.96 0.95 0.97 0.96

Romarco Minerals Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.97 0.96 0.96 0.96 0.93

Competitive Comparison of Romarco Minerals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Romarco Minerals'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.


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

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

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



Romarco Minerals 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.

Romarco Minerals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=224.587/233.51
=

Romarco Minerals's Equity to Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Equity to Asset (Q: Jun. 2015 )=Total Stockholders Equity/Total Assets
=441.875/473.66
=

* 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.


Romarco Minerals  (FRA:M1R) 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%.


Romarco Minerals Equity-to-Asset Related Terms

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


Romarco Minerals (FRA:M1R) Business Description

Traded in Other Exchanges
N/A
Address
Romarco Minerals Inc., was amalgamated under the laws of Ontario pursuant to the Business Corporations Act (Ontario) by Articles of Amalgamation dated July 11, 1995 pursuant to the terms of an amalgamation agreement dated May 12, 1995 between Romarco Holdings Inc. and Winstaff Ventures Ltd. It is an exploration and development stage mining company engaged in the acquisition, exploration and development of precious metals mineral properties. The Company's principal property is the Haile project in South Carolina.

Romarco Minerals (FRA:M1R) Headlines

No Headlines