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JRVMF (Jervois Global) Equity-to-Asset : 0.39 (As of Jun. 2024)


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What is Jervois Global Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jervois Global's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $146.5 Mil. Jervois Global's Total Assets for the quarter that ended in Jun. 2024 was $377.2 Mil. Therefore, Jervois Global's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.39.

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

JRVMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.89   Max: 0.99
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Jervois Global was 0.99. The lowest was 0.39. And the median was 0.89.

JRVMF's Equity-to-Asset is ranked worse than
76.8% of 2685 companies
in the Metals & Mining industry
Industry Median: 0.78 vs JRVMF: 0.39

Jervois Global Equity-to-Asset Historical Data

The historical data trend for Jervois Global'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.

Jervois Global Equity-to-Asset Chart

Jervois Global Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 - 0.51 0.52 0.40

Jervois Global Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.45 0.52 0.54 0.40 0.39

Competitive Comparison of Jervois Global's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Jervois Global'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.


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

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

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



Jervois Global 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.

Jervois Global's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=169.969/422.027
=0.40

Jervois Global'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
=146.546/377.24
=0.39

* 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.


Jervois Global  (OTCPK:JRVMF) 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%.


Jervois Global Equity-to-Asset Related Terms

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


Jervois Global Business Description

Traded in Other Exchanges
Address
1-11 Gordon Street, Suite 2.03, Cremorne, VIC, AUS, 3121
Jervois Global Ltd is a cobalt company with nickel and copper exposure, refinery assets, and growth opportunities. The company's project includes Idaho Cobalt, Sao Miguel Paulista Refinery, Nico Young, and other non-core assets. The company's operating segment includes Australia, Brazil, Finland, the United States, and Others. The company generates the majority of its revenue from the Finland segment, which includes the cobalt refining and specialty products business located in Kokkola, Finland.