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WG Wearne (JSE:WEA) Equity-to-Asset : 0.04 (As of Aug. 2017)


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What is WG Wearne Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WG Wearne's Total Stockholders Equity for the quarter that ended in Aug. 2017 was R14.2 Mil. WG Wearne's Total Assets for the quarter that ended in Aug. 2017 was R328.6 Mil. Therefore, WG Wearne's Equity to Asset Ratio for the quarter that ended in Aug. 2017 was 0.04.

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

JSE:WEA's Equity-to-Asset is not ranked *
in the Building Materials industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

WG Wearne Equity-to-Asset Historical Data

The historical data trend for WG Wearne'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.

WG Wearne Equity-to-Asset Chart

WG Wearne Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.11 0.13 0.11 0.03

WG Wearne Semi-Annual Data
Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
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 0.12 0.11 0.08 0.03 0.04

Competitive Comparison of WG Wearne's Equity-to-Asset

For the Building Materials subindustry, WG Wearne'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.


WG Wearne's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, WG Wearne's Equity-to-Asset distribution charts can be found below:

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



WG Wearne 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.

WG Wearne'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
=10.049/341.304
=0.03

WG Wearne's Equity to Asset Ratio for the quarter that ended in Aug. 2017 is calculated as

Equity to Asset (Q: Aug. 2017 )=Total Stockholders Equity/Total Assets
=14.185/328.591
=0.04

* 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.


WG Wearne  (JSE:WEA) 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%.


WG Wearne Equity-to-Asset Related Terms

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WG Wearne (JSE:WEA) Business Description

Traded in Other Exchanges
N/A
Address
300 Acacia Road, Stonemill Office Park, P.O Box 1674, 3 Kiepersol House, Cresta, ZAF, 2118
WG Wearne Ltd is a supplier of materials and contracting services to the building and construction industry with a complete building material solution. The company is involved in various big construction projects such as the construction of Rand Afrikaans University, the Western Bypass, the Lesotho Highlands Water Scheme, Soccer City and FNB in Fairlands Johannesburg. It operates across South Africa with concentrated operations in Limpopo and Gauteng provinces. its products include sub base materials, concrete stone, road stone, dump rock, ballast stone, crusher sand, building sand, builders mix, plaster sand, generic concrete range, Wearne specialty concrete, high-performance concrete, base course materials and sub base materials.