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Lindian Resources (HAM:VP6) Equity-to-Asset : 0.81 (As of Dec. 2023)


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What is Lindian Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lindian Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €40.60 Mil. Lindian Resources's Total Assets for the quarter that ended in Dec. 2023 was €50.27 Mil.

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

HAM:VP6' s Equity-to-Asset Range Over the Past 10 Years
Min: -29.64   Med: 0.73   Max: 0.99
Current: 0.81

During the past 13 years, the highest Equity to Asset Ratio of Lindian Resources was 0.99. The lowest was -29.64. And the median was 0.73.

HAM:VP6's Equity-to-Asset is ranked better than
52.71% of 2715 companies
in the Metals & Mining industry
Industry Median: 0.79 vs HAM:VP6: 0.81

Lindian Resources Equity-to-Asset Historical Data

The historical data trend for Lindian 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.

* Premium members only.

Lindian Resources Equity-to-Asset Chart

Lindian Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.99 0.86 0.91 0.51

Lindian Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.82 0.91 0.36 0.51 0.81

Competitive Comparison of Lindian Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Lindian 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.


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

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

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



Lindian 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.

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

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=20.199/39.829
=0.51

Lindian Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=40.602/50.268
=

* 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.


Lindian Resources  (HAM:VP6) 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%.


Lindian Resources Equity-to-Asset Related Terms

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


Lindian Resources (HAM:VP6) Business Description

Traded in Other Exchanges
Address
108 St Georges Terrace, Level 24, Perth, WA, AUS, 6000
Lindian Resources Ltd is an Australia-based mineral exploration company with projects located in Tanzania. Its projects are located near Lake Victoria Goldfield and the Lindian's bauxite project of Tanzania, Gaoual Bauxite Project, the Woula Bauxite Project and the Lelouma Project. The company is focused on the exploration and drilling program at Uyowa project. The Lindian Tanzanian bauxite portfolio consists of two bauxite projects - Lushoto and Pare. Geographically it operates in Tanzania; Guinea; Malawi and Australia.

Lindian Resources (HAM:VP6) Headlines

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