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Nkwe Platinum (Nkwe Platinum) Equity-to-Asset : 1.03 (As of Jun. 2018)


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What is Nkwe Platinum Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nkwe Platinum's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $88.73 Mil. Nkwe Platinum's Total Assets for the quarter that ended in Jun. 2018 was $85.89 Mil.

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

NKWEY'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.

Nkwe Platinum Equity-to-Asset Historical Data

The historical data trend for Nkwe Platinum'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.

Nkwe Platinum Equity-to-Asset Chart

Nkwe Platinum Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.16 1.20 1.09 1.09

Nkwe Platinum Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 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 1.09 1.09 1.09 1.09 1.03

Competitive Comparison of Nkwe Platinum's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Nkwe Platinum'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.


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

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

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



Nkwe Platinum 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.

Nkwe Platinum's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=95.532/87.822
=

Nkwe Platinum's Equity to Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

Equity to Asset (Q: Jun. 2018 )=Total Stockholders Equity/Total Assets
=88.727/85.893
=

* 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.


Nkwe Platinum  (OTCPK:NKWEY) 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%.


Nkwe Platinum Equity-to-Asset Related Terms

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


Nkwe Platinum (Nkwe Platinum) Business Description

Traded in Other Exchanges
N/A
Address
Level 1, 18 Kings Park Road, West Perth, Perth, WA, AUS, 6005
Nkwe Platinum Ltd is a platinum exploration company targeting mid-level projects and market capitalization. The company is involved in baskets of platinum projects in Limpopo in South Africa. The firm's flagship project is the Garatau project which comprises of three properties namely De Kom 252 KT, Garataouw 282KT and Hoepakrantz 291 KT. These three properties are located in the Eastern Limb of the Bushveld complex, South Africa. The project has a surface footprint of over 5000 hectares and is underlain by both the Platinum bearing Merensky Reef and UG2 chromitite.

Nkwe Platinum (Nkwe Platinum) Headlines

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