Bullabulling Gold (LSE:BGL) Equity-to-Asset : 0.23 (As of Jun. 2014)

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What is Bullabulling Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bullabulling Gold's Total Stockholders Equity for the quarter that ended in Jun. 2014 was £0.51 Mil. Bullabulling Gold's Total Assets for the quarter that ended in Jun. 2014 was £2.23 Mil. Therefore, Bullabulling Gold's Equity to Asset Ratio for the quarter that ended in Jun. 2014 was 0.23.

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

LSE:BGL's Equity-to-Asset is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Bullabulling Gold Equity-to-Asset Historical Data

The historical data trend for Bullabulling Gold'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.

Bullabulling Gold Equity-to-Asset Chart

Bullabulling Gold Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Equity-to-Asset

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0.88

0.97

0.94

0.63

0.67

Bullabulling Gold Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14
Equity-to-Asset	-	0.63	0.76	0.67	0.23

Competitive Comparison of Bullabulling Gold's Equity-to-Asset

For the Gold subindustry, Bullabulling Gold'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.

Bullabulling Gold's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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

Bullabulling Gold 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.

Bullabulling Gold's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )	=	Total Stockholders Equity	/	Total Assets
	=	2.087	/	3.139
	=

Bullabulling Gold's Equity to Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Equity to Asset (Q: Jun. 2014 )	=	Total Stockholders Equity	/	Total Assets
	=	0.509	/	2.226
	=	0.23

Bullabulling Gold (LSE:BGL) 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%.

Bullabulling Gold Equity-to-Asset Related Terms

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

Bullabulling Gold (LSE:BGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bullabulling Gold Ltd (LSE:BGL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bullabullinggold.com

Bullabulling Gold Ltd wass incorporated on 15 September 2011 in Australia. The Company is a mining exploration and development company. It is primarily focused on development of the wholly owned Bullabulling Gold Project. Bullabulling is located in the Eastern Goldfields of Western Australia, approximately 60km from Kalgoorlie.

Bullabulling Gold (LSE:BGL) Headlines

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