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MTAL (MAC Copper) Equity-to-Asset : 0.33 (As of Jun. 2024)


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What is MAC Copper Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MAC Copper's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $436.8 Mil. MAC Copper's Total Assets for the quarter that ended in Jun. 2024 was $1,328.6 Mil.

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

MTAL' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.07   Med: 0.11   Max: 0.4
Current: 0.4

During the past 4 years, the highest Equity to Asset Ratio of MAC Copper was 0.40. The lowest was -0.07. And the median was 0.11.

MTAL's Equity-to-Asset is ranked worse than
76.19% of 2667 companies
in the Metals & Mining industry
Industry Median: 0.78 vs MTAL: 0.40

MAC Copper Equity-to-Asset Historical Data

The historical data trend for MAC Copper'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.

MAC Copper Equity-to-Asset Chart

MAC Copper Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
0.02 -0.07 0.21 0.40

MAC Copper Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Jun24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 - 0.21 0.33 0.40

Competitive Comparison of MAC Copper's Equity-to-Asset

For the Copper subindustry, MAC Copper'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.


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

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

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


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MAC Copper 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.

MAC Copper's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=566.959/1407.586
=0.40

MAC Copper'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
=436.757/1328.607
=

* 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.


MAC Copper  (NYSE:MTAL) 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%.


MAC Copper Equity-to-Asset Related Terms

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


MAC Copper Business Description

Traded in Other Exchanges
Address
44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG
MAC Copper Ltd is a company focused on operating and acquiring metals and mining businesses in high-quality, stable jurisdictions that are critical in the electrification and decarbonization of the world-wide economy.
Executives
Patrice E Merrin director 92 BIRCH AVENUE, TORONTO A6 M4V1C8
Rhett Bennett director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Michael Mcmullen director, officer: Chief Executive Officer P O BOX 1523, WEST PERTH C3 6872
Green Mountain Metals Llc 10 percent owner 425 HOUSTON STREET, FORT WORTH TX 76102
Charles D Mcconnell director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Rasmus Kristoffer Gerdeman director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Neville Joseph Power director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Dan Vujcic officer: Chief Development Officer 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Marthinus J Crouse officer: Chief Financial Officer 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102