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NADLY (Merlin Diamonds) Equity-to-Asset : -0.42 (As of Dec. 2017)


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What is Merlin Diamonds Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Merlin Diamonds's Total Stockholders Equity for the quarter that ended in Dec. 2017 was $-2.61 Mil. Merlin Diamonds's Total Assets for the quarter that ended in Dec. 2017 was $6.26 Mil.

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

During the past 13 years, the highest Equity to Asset Ratio of Merlin Diamonds was 0.96. The lowest was 0.00. And the median was 0.92.

NADLY's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Merlin Diamonds Equity-to-Asset Historical Data

The historical data trend for Merlin Diamonds'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.

Merlin Diamonds Equity-to-Asset Chart

Merlin Diamonds Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.72 0.47 -0.18 -1.32

Merlin Diamonds Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.47 -0.39 -0.18 -0.42 -1.32

Competitive Comparison of Merlin Diamonds's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Merlin Diamonds'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.


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

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

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



Merlin Diamonds 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.

Merlin Diamonds's Equity to Asset Ratio for the fiscal year that ended in Jun. 2018 is calculated as

Equity to Asset (A: Jun. 2018 )=Total Stockholders Equity/Total Assets
=-5.335/4.029
=

Merlin Diamonds's Equity to Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

Equity to Asset (Q: Dec. 2017 )=Total Stockholders Equity/Total Assets
=-2.607/6.259
=

* 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.


Merlin Diamonds  (OTCPK:NADLY) 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%.


Merlin Diamonds Equity-to-Asset Related Terms

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


Merlin Diamonds Business Description

Traded in Other Exchanges
N/A
Address
42 Moray Street, Level 1A, Southbank, Melbourne, VIC, AUS, 3004
Merlin Diamonds Ltd is engaged in the exploration and development of diamond projects in Northern Territory, Australia. Its projects include Merlin Diamond Project, Kimberley Project, and Arnhem Land.

Merlin Diamonds Headlines

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