Mining Investments Resources (LSE:MIR) Equity-to-Asset: 0.50 (As of Dec. 2013) — Near Median

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What is Mining Investments Resources Equity-to-Asset?

Mining Investments Resources LSE:MIR Equity-to-Asset is 0.50 as of Dec. 2013, which is 2% above its 10-year median of 0.49. The stock has 2 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mining Investments Resources's Total Stockholders Equity for the quarter that ended in Dec. 2013 was £0.21 Mil. Mining Investments Resources's Total Assets for the quarter that ended in Dec. 2013 was £0.42 Mil. Therefore, Mining Investments Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2013 was 0.50.

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

During the past 13 years, the highest Equity to Asset Ratio of Mining Investments Resources was 0.89. The lowest was -0.84. And the median was 0.49.

LSE:MIR's Equity-to-Asset is not ranked *
in the Conglomerates industry.
Industry Median: 0.45
* Ranked among companies with meaningful Equity-to-Asset only.

Mining Investments Resources  (LSE:MIR) 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%.


Mining Investments Resources Equity-to-Asset Related Terms


Mining Investments Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Mining Investments Resources'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.

Mining Investments Resources Equity-to-Asset Chart

Mining Investments Resources Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Jun09 Jun10 Jun11 Jun12 Jun13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.89 0.74 -8.15 0.69

Mining Investments Resources Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 0.57 -8.15 0.71 0.69 0.50

Mining Investments Resources Equity-to-Asset Competitor Comparison

For the Conglomerates subindustry, Mining Investments Resources'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.


Mining Investments Resources Equity-to-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mining Investments Resources's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mining Investments Resources's Equity-to-Asset falls into.



Mining Investments Resources 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.

Mining Investments Resources's Equity to Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

Equity to Asset (A: Jun. 2013 )=Total Stockholders Equity/Total Assets
=0.486/0.701
=0.69

Mining Investments Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

Equity to Asset (Q: Dec. 2013 )=Total Stockholders Equity/Total Assets
=0.209/0.422
=0.50

* 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 0.50 mean?
Mining Investments Resources (LSE:MIR) has a Equity-to-Asset of 0.50 as of Dec. 2013. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mining Investments Resources and its competitors. This is near median its historical median of 0.49.
Is Mining Investments Resources' Equity-to-Asset too high?
Mining Investments Resources' current Equity-to-Asset of 0.50 is near median its 10-year median of 0.49. The Conglomerates industry median Equity-to-Asset is 0.45. Mining Investments Resources' value of 0.50 is 11.1% above this industry median.
How does Mining Investments Resources' Equity-to-Asset compare to competitors?
Mining Investments Resources' Equity-to-Asset of 0.50 can be compared against companies in the Conglomerates industry. The industry median Equity-to-Asset is 0.45. Mining Investments Resources' value of 0.50 is 11.1% above this benchmark. While the company's 10-year median is 0.49 vs. the industry median of 0.45, Mining Investments Resources has consistently been above the industry average. 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 Conglomerates company?
The median Equity-to-Asset among Conglomerates companies is 0.45, based on 550 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. Mining Investments Resources's current Equity-to-Asset of 0.50 is 11.1% above the industry median. 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 Mining Investments Resources and its competitors. For the Conglomerates industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mining Investments Resources's current Equity-to-Asset is 0.50, which is near median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Investments Resources stock overvalued right now?
Mining Investments Resources (LSE:MIR) has a current Equity-to-Asset of 0.50. The current Equity-to-Asset is 0.50, which is near median its 10-year median of 0.49 and 11.1% above the Conglomerates industry median of 0.45. 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 Mining Investments Resources (LSE:MIR), the current Equity-to-Asset is 0.50 as of Dec. 2013. 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.

Mining Investments Resources Business Description

Mining Investments Resources PLC is an investing company. It mainly invests in businesses which possess the opportunity for high growth, generally through exploitation of intellectual property. The Company's investing policy is to acquire a diverse portfolio of direct and indirect interests in exploration and producing projects and assets in the natural resources sector.