South32 (LSE:S32) Equity-to-Asset : 0.64 (As of Dec. 2023)

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What is South32 Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. South32's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £7,289 Mil. South32's Total Assets for the quarter that ended in Dec. 2023 was £11,374 Mil. Therefore, South32's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

The historical rank and industry rank for South32's Equity-to-Asset or its related term are showing as below:

LSE:S32' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.69 Max: 0.72
Current: 0.64

During the past 12 years, the highest Equity to Asset Ratio of South32 was 0.72. The lowest was 0.38. And the median was 0.69.

LSE:S32's Equity-to-Asset is ranked worse than
63.72% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs LSE:S32: 0.64

South32 Equity-to-Asset Historical Data

The historical data trend for South32'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.

South32 Equity-to-Asset Chart

South32 Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.69

0.70

0.68

0.66

0.64

South32 Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.69	0.66	0.67	0.64	0.64

Competitive Comparison of South32's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, South32'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.

South32's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, South32's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where South32's Equity-to-Asset falls into.

South32 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.

South32's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7425.792	/	11534.688
	=	0.64

South32's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7289.33	/	11374.42
	=	0.64

South32 (LSE:S32) 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%.

South32 Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of South32's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

South32 (LSE:S32) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » South32 Ltd (LSE:S32) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

S32:South Africa SOUHY:USA SHTLF:USA S32l:UK 32Z:Germany S32:Australia

Address

108 St Georges Terrace, Level 35, Perth, WA, AUS, 6000

Website

https://www.south32.net

South32 was born of the demerger of noncore assets from BHP in 2015. South32's major operations include alumina businesses in Australia and Brazil, aluminium in Brazil, South Africa, and Mozambique, manganese businesses in Australia and South Africa, and New South Wales metallurgical coal. It also owns the Cannington silver/lead/zinc mine in northwest Queensland and the Cerro Matoso nickel mine in Colombia. Cannington silver mine and manganese operations deliver high returns, but have relatively short reserve life. The company acquired Arizona Mining, which brings with it the high-grade and likely low-cost Taylor deposit in the U.S., and also entered the copper business in 2022 via the purchase of a 45% stake in the Sierra Gorda mine in Chile.

South32 (LSE:S32) Headlines

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