Oakbay Resources and Energy (JSE:46926) Equity-to-Asset : 0.54 (As of Feb. 2017)

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What is Oakbay Resources and Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Oakbay Resources and Energy's Total Stockholders Equity for the quarter that ended in Feb. 2017 was R5,204.9 Mil. Oakbay Resources and Energy's Total Assets for the quarter that ended in Feb. 2017 was R9,650.1 Mil. Therefore, Oakbay Resources and Energy's Equity to Asset Ratio for the quarter that ended in Feb. 2017 was 0.54.

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

JSE:46926's Equity-to-Asset is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Oakbay Resources and Energy Equity-to-Asset Historical Data

The historical data trend for Oakbay Resources and Energy'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.

Oakbay Resources and Energy Equity-to-Asset Chart

Oakbay Resources and Energy Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Equity-to-Asset

0.58

0.60

0.51

0.54

Oakbay Resources and Energy Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17
Equity-to-Asset	Get a 7-Day Free Trial			0.60	0.58	0.51	0.52	0.54

Competitive Comparison of Oakbay Resources and Energy's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Oakbay Resources and Energy'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.

Oakbay Resources and Energy's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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

Oakbay Resources and Energy 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.

Oakbay Resources and Energy's Equity to Asset Ratio for the fiscal year that ended in Feb. 2017 is calculated as

Equity to Asset (A: Feb. 2017 )	=	Total Stockholders Equity	/	Total Assets
	=	5204.852	/	9650.082
	=	0.54

Oakbay Resources and Energy's Equity to Asset Ratio for the quarter that ended in Feb. 2017 is calculated as

Equity to Asset (Q: Feb. 2017 )	=	Total Stockholders Equity	/	Total Assets
	=	5204.852	/	9650.082
	=	0.54

Oakbay Resources and Energy (JSE:46926) 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%.

Oakbay Resources and Energy Equity-to-Asset Related Terms

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Oakbay Resources and Energy (JSE:46926) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oakbay Resources and Energy Ltd (JSE:46926) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.oakbay.co.za

Oakbay Resources and Energy Ltd mines for energy resources with a focus on uranium development and coal production. The company's Shiva Uranium project inferred uranium resources more than 190 million pounds and indicated and inferred gold resources more than 5 million ounces. It mines for gold deposits as a by-product and offers outsourced contracting to the mining industry. The company's segments consist of Gold Operations, Uranium Development, Central Services and Contract Mining. The majority of its revenues are derived from mining and sale of gold in the Republic of South Africa.

Oakbay Resources and Energy (JSE:46926) Headlines

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