Copper 360 (JSE:CPR) Equity-to-Asset : 0.85 (As of Aug. 2023)

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What is Copper 360 Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Copper 360's Total Stockholders Equity for the quarter that ended in Aug. 2023 was R1,849.77 Mil. Copper 360's Total Assets for the quarter that ended in Aug. 2023 was R2,175.16 Mil. Therefore, Copper 360's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was 0.85.

The historical rank and industry rank for Copper 360's Equity-to-Asset or its related term are showing as below:

JSE:CPR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.59 Max: 0.85
Current: 0.85

During the past 1 years, the highest Equity to Asset Ratio of Copper 360 was 0.85. The lowest was 0.34. And the median was 0.59.

JSE:CPR's Equity-to-Asset is ranked better than
57.35% of 2715 companies
in the Metals & Mining industry
Industry Median: 0.79 vs JSE:CPR: 0.85

Copper 360 Equity-to-Asset Historical Data

The historical data trend for Copper 360'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.

Copper 360 Equity-to-Asset Chart

Copper 360 Annual Data

Trend

Feb22

Equity-to-Asset

0.34

Copper 360 Semi-Annual Data
	Feb22	Aug22	Aug23
Equity-to-Asset	0.34	-	0.85

Competitive Comparison of Copper 360's Equity-to-Asset

For the Copper subindustry, Copper 360'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.

Copper 360's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Copper 360's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Copper 360's Equity-to-Asset falls into.

Copper 360 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.

Copper 360's Equity to Asset Ratio for the fiscal year that ended in Feb. 2022 is calculated as

Equity to Asset (A: Feb. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	52.716	/	156.665
	=	0.34

Copper 360's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1849.767	/	2175.164
	=	0.85

Copper 360 (JSE:CPR) 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%.

Copper 360 Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Copper 360's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Copper 360 (JSE:CPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copper 360 Ltd (JSE:CPR) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Main Road, Nababeep, Nababeep, NC, ZAF, 8265

Website

https://www.copper360.co.za

Copper 360 Ltd is focused on processing historically mined copper rock dumps through a process of environmental clean-up, and mining surface and shallow copper resources. The group's operations are based in the Northern Cape province of South Africa.

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