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MALRY (Mineral Resources) Equity-to-Asset : 0.29 (As of Jun. 2024)


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What is Mineral Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mineral Resources's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $2,354 Mil. Mineral Resources's Total Assets for the quarter that ended in Jun. 2024 was $8,122 Mil. Therefore, Mineral Resources's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.29.

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

MALRY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.52   Max: 0.67
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of Mineral Resources was 0.67. The lowest was 0.29. And the median was 0.52.

MALRY's Equity-to-Asset is ranked worse than
81.54% of 2687 companies
in the Metals & Mining industry
Industry Median: 0.78 vs MALRY: 0.29

Mineral Resources Equity-to-Asset Historical Data

The historical data trend for Mineral 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.

* Premium members only.

Mineral Resources Equity-to-Asset Chart

Mineral Resources 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 0.49 0.55 0.41 0.41 0.29

Mineral Resources 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 0.41 0.42 0.41 0.36 0.29

Competitive Comparison of Mineral Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Mineral 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.


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

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

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



Mineral 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.

Mineral Resources'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
=2353.918/8122.178
=0.29

Mineral Resources'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
=2353.918/8122.178
=0.29

* 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.


Mineral Resources  (OTCPK:MALRY) 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%.


Mineral Resources Equity-to-Asset Related Terms

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


Mineral Resources Business Description

Traded in Other Exchanges
Address
20 Walters Drive, Osborne Park, Perth, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.