Western Resources (FRA:WR0) Equity-to-Asset: 0.66 (As of Jun. 2024)

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What is Western Resources Equity-to-Asset?

Western Resources FRA:WR0 Equity-to-Asset is 0.66 as of Jun. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Western Resources's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €164.64 Mil. Western Resources's Total Assets for the quarter that ended in Jun. 2024 was €251.07 Mil.

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

FRA:WR0's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

Western Resources  (FRA:WR0) 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%.


Western Resources Equity-to-Asset Related Terms


Western Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Western Resources'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.

Western Resources Equity-to-Asset Chart

Western Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.63 0.65 0.79 0.70

Western Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.69 0.70 0.69 0.67 0.66

FRA:WR0 vs SVBL, BLTH, LBSR: Equity-to-Asset Comparison

For the Other Industrial Metals & Mining subindustry, Western Resources'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.


Western Resources Equity-to-Asset vs Metals & Mining Industry

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

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



Western Resources 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.

Western Resources's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=170.147/243.13
=

Western Resources's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=164.635/251.066
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.66 mean?
Western Resources (FRA:WR0) has a Equity-to-Asset of 0.66 as of Jun. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Western Resources and its competitors.
Is Western Resources' Equity-to-Asset too high?
Western Resources' current Equity-to-Asset is 0.66. The Metals & Mining industry median Equity-to-Asset is 0.81. Western Resources' value of 0.66 is 18.5% below this industry median.
How does Western Resources' Equity-to-Asset compare to SVBL and BLTH?
Western Resources' Equity-to-Asset of 0.66 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.81. Western Resources' value of 0.66 is 18.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.81, based on 2,677 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Resources's current Equity-to-Asset of 0.66 is 18.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Western Resources and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Resources's current Equity-to-Asset is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Resources stock overvalued right now?
Western Resources (FRA:WR0) has a current Equity-to-Asset of 0.66. The current Equity-to-Asset is 0.66 and 18.5% below the Metals & Mining industry median of 0.81. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Western Resources (FRA:WR0), the current Equity-to-Asset is 0.66 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Western Resources Business Description

Address 666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Western Resources Corp is a resource company focused on the development of its potash project in Canada owned by its wholly owned subsidiary, Western Potash Corp, located in Southern Saskatchewan. Its objectives are to complete Phase I of the Milestone Project to prove a new mining technology, which will then be applied to Phases 2 and 3 to develop potash deposits in an environmentally friendly model. The company's two reportable operating segments are the acquisition, exploration, and development of mineral properties and the investment in real estate projects in Canada.