African Copper (LSE:ACU) Equity-to-Asset: -0.78 (As of Sep. 2014)

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What is African Copper Equity-to-Asset?

African Copper LSE:ACU +10.00% Equity-to-Asset is -0.78 as of Sep. 2014. The stock has 4 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. African Copper's Total Stockholders Equity for the quarter that ended in Sep. 2014 was £-36.84 Mil. African Copper's Total Assets for the quarter that ended in Sep. 2014 was £47.30 Mil. Therefore, African Copper's Equity to Asset Ratio for the quarter that ended in Sep. 2014 was -0.78.

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

LSE:ACU' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.8   Med: -0.18   Max: 0.36
Current: -0.8

During the past 10 years, the highest Equity to Asset Ratio of African Copper was 0.36. The lowest was -0.80. And the median was -0.18.

LSE:ACU's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.8 vs LSE:ACU: -0.80

African Copper  (LSE:ACU) 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%.


African Copper Equity-to-Asset Related Terms


African Copper Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for African Copper'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.

African Copper Equity-to-Asset Chart

African Copper Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Mar11 Mar12 Mar13 Mar14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.26 -0.18 -0.34 -0.80

African Copper Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
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 -0.28 -0.34 -0.87 -0.80 -0.78

African Copper Equity-to-Asset Competitor Comparison

For the Copper subindustry, African Copper'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.


African Copper Equity-to-Asset vs Metals & Mining Industry

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

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



African Copper 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.

African Copper's Equity to Asset Ratio for the fiscal year that ended in Mar. 2014 is calculated as

Equity to Asset (A: Mar. 2014 )=Total Stockholders Equity/Total Assets
=-32.884/41.368
=-0.79

African Copper's Equity to Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

Equity to Asset (Q: Sep. 2014 )=Total Stockholders Equity/Total Assets
=-36.844/47.298
=-0.78

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -0.78 mean?
African Copper (LSE:ACU) has a Equity-to-Asset of -0.78 as of Sep. 2014. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on African Copper and its competitors.
Is African Copper's Equity-to-Asset too high?
African Copper's current Equity-to-Asset is -0.78.
How does African Copper's Equity-to-Asset compare to competitors?
African Copper's Equity-to-Asset of -0.78 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,675 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on African Copper and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Copper's current Equity-to-Asset is -0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Copper stock overvalued right now?
African Copper (LSE:ACU) has a current Equity-to-Asset of -0.78. The current Equity-to-Asset is -0.78. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For African Copper (LSE:ACU), the current Equity-to-Asset is -0.78 as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

African Copper Business Description

African Copper PLC was incorporated on February 11, 2004 in England and Wales. The Company is engaged in the exploration for, development and mining of, copper deposits in the Republic of Botswana. Its main activity is that of a holding company. Its main project is the copper producing open pit Mowana mine. The Company's wholly-owned subsidiary Messina holds the Dukwe Project comprising exploration licence PL 33/2005, with an area of 139.6 km2. The Dukwe Project with its associated licences encompasses the Mowana Mine and all current estimated mineral resources and reserves associated with the mine; together with north and south extensions of mineralization that lie outside of the Mowana Mine licence area. It also owns the rights to the adjacent Thakadu-Makala deposits and holds permits in exploration properties at the Matsitama Project which is contiguous to the southern boundary of the Mowana Mine.