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Lynas Rare Earths (LTS:0A2N) Equity-to-Asset : 0.80 (As of Jun. 2024)


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What is Lynas Rare Earths Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lynas Rare Earths's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$2,242.8 Mil. Lynas Rare Earths's Total Assets for the quarter that ended in Jun. 2024 was A$2,804.9 Mil. Therefore, Lynas Rare Earths's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.80.

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

LTS:0A2N' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.59   Max: 0.82
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Lynas Rare Earths was 0.82. The lowest was 0.09. And the median was 0.59.

LTS:0A2N's Equity-to-Asset is ranked better than
52.51% of 2685 companies
in the Metals & Mining industry
Industry Median: 0.78 vs LTS:0A2N: 0.80

Lynas Rare Earths Equity-to-Asset Historical Data

The historical data trend for Lynas Rare Earths'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.

Lynas Rare Earths Equity-to-Asset Chart

Lynas Rare Earths Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.73 0.80 0.82 0.80

Lynas Rare Earths Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.80 0.80 0.82 0.81 0.80

Competitive Comparison of Lynas Rare Earths's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Lynas Rare Earths'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.


Lynas Rare Earths's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Lynas Rare Earths 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.

Lynas Rare Earths's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=2242.805/2804.921
=0.80

Lynas Rare Earths's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=2242.805/2804.921
=0.80

* 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.


Lynas Rare Earths  (LTS:0A2N) 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%.


Lynas Rare Earths Equity-to-Asset Related Terms

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


Lynas Rare Earths Business Description

Traded in Other Exchanges
Address
1 Howard Street, Level 4, Perth, WA, AUS, 6000
Lynas Rare Earths Ltd is an Australian firm. It operates in a single segment and is engaged in integrated extraction and processing of Rare Earth minerals, in Australia and Malaysia; and the Development of Rare Earth deposits. It is focused on the Kalgoorlie project.

Lynas Rare Earths Headlines

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