Afrika Gold AG (HAM:GOG) Equity-to-Asset: 0.55 (As of Jun. 2024)

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HAM:GOG Afrika Gold AG HAM:GOG
36 GF Score
Price €0.11
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What is Afrika Gold AG Equity-to-Asset?

Afrika Gold AG HAM:GOG 36 Equity-to-Asset is 0.55 as of Jun. 2024. GuruFocus rates HAM:GOG with a GF Score™ of 36/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Afrika Gold AG's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €5.76 Mil. Afrika Gold AG's Total Assets for the quarter that ended in Jun. 2024 was €10.40 Mil. Therefore, Afrika Gold AG's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.55.

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

HAM:GOG'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.

Afrika Gold AG  (HAM:GOG) 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%.

Afrika Gold AG Equity-to-Asset Related Terms

Afrika Gold AG Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Afrika Gold AG'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.

Afrika Gold AG Equity-to-Asset Chart

Afrika Gold AG Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial 0.63 0.62 0.60 0.60 0.55

Afrika Gold AG Semi-Annual Data
Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset Get a 7-Day Free Trial 0.63 0.62 0.60 0.60 0.55

Afrika Gold AG Equity-to-Asset Competitor Comparison

For the Gold subindustry, Afrika Gold AG'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.

Afrika Gold AG Equity-to-Asset vs Metals & Mining Industry

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

* The bar in red indicates where Afrika Gold AG's Equity-to-Asset falls into.


HAM:GOG
36GF Score
Afrika Gold AG HAM:GOG
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Afrika Gold AG 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.

Afrika Gold AG's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=5.755/10.404
=0.55

Afrika Gold AG'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
=5.755/10.404
=0.55

* 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 0.55 mean?
Afrika Gold AG (HAM:GOG) has a Equity-to-Asset of 0.55 as of Jun. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Afrika Gold AG and its competitors.
Is Afrika Gold AG's Equity-to-Asset too high?
Afrika Gold AG's current Equity-to-Asset is 0.55. The Metals & Mining industry median Equity-to-Asset is 0.80. Afrika Gold AG's value of 0.55 is 31.3% below this industry median. Overall, Afrika Gold AG has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Afrika Gold AG's Equity-to-Asset compare to competitors?
Afrika Gold AG's Equity-to-Asset of 0.55 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. Afrika Gold AG's value of 0.55 is 31.3% 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 0.80, based on 2,672 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. Afrika Gold AG's current Equity-to-Asset of 0.55 is 31.3% 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 Afrika Gold AG and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afrika Gold AG's current Equity-to-Asset is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrika Gold AG stock overvalued right now?
Afrika Gold AG (HAM:GOG) has a current Equity-to-Asset of 0.55. The current Equity-to-Asset is 0.55 and 31.3% below the Metals & Mining industry median of 0.80. Afrika Gold AG's overall GF Score™ is 36/100. 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 Afrika Gold AG (HAM:GOG), the current Equity-to-Asset is 0.55 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.

Afrika Gold AG Business Description

Address Chaltenbodenstrasse 26, Schindellegi, CHE, 8834
Afrika Gold AG is a gold exploration and mining company.
36GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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