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Inmet Mining (FRA:MMC) Equity-to-Asset : 0.57 (As of Dec. 2012)


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What is Inmet Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Inmet Mining's Total Stockholders Equity for the quarter that ended in Dec. 2012 was €2,834.1 Mil. Inmet Mining's Total Assets for the quarter that ended in Dec. 2012 was €5,016.9 Mil. Therefore, Inmet Mining's Equity to Asset Ratio for the quarter that ended in Dec. 2012 was 0.57.

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

FRA:MMC'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.

Inmet Mining Equity-to-Asset Historical Data

The historical data trend for Inmet 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.

Inmet Mining Equity-to-Asset Chart

Inmet Mining Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.77 0.85 0.90 0.57

Inmet Mining Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.90 0.89 0.62 0.62 0.57

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

For the Other Industrial Metals & Mining subindustry, Inmet 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.


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

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

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



Inmet 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.

Inmet Mining's Equity to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Equity to Asset (A: Dec. 2012 )=Total Stockholders Equity/Total Assets
=2834.09/5016.907
=0.56

Inmet Mining's Equity to Asset Ratio for the quarter that ended in Dec. 2012 is calculated as

Equity to Asset (Q: Dec. 2012 )=Total Stockholders Equity/Total Assets
=2834.09/5016.907
=0.56

* 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.


Inmet Mining  (FRA:MMC) 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%.


Inmet Mining Equity-to-Asset Related Terms

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


Inmet Mining (FRA:MMC) Business Description

Traded in Other Exchanges
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Address
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Inmet Mining Corporation is a Canadian-based global mining company that produces base metals with a focus on copper. It operates and develops underground and open pit mines safely, responsibly and cost effectively. The Company has three operating properties and one development property around the world. Çayeli is an underground mine on the Black Sea coast of northeastern Turkey. It produces copper and zinc concentrates, which are sold to international and domestic smelters and traders. Las Cruces is an open pit mine in southern Spain. Las Cruces uses leaching and electrowinning technology to produce copper cathode which are sold to buyers in the Spanish and Mediterranean markets. Pyhäsalmi is an underground copper and zinc mine in central Finland. It produces copper, zinc and pyrite concentrates. Copper and zinc concentrates are sold under long-term contracts to smelters in Finland. Pyrite is sold under contract to customers in Europe and Asia as well as in the spot market. Cobre Panama is an open pit copper development project in Panama.