Abra Mining & Industrial (PHS:AR) Equity-to-Asset: 0.97 (As of Sep. 2020)

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What is Abra Mining & Industrial Equity-to-Asset?

Abra Mining & Industrial PHS:AR Equity-to-Asset is 0.97 as of Sep. 2020.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Abra Mining & Industrial's Total Stockholders Equity for the quarter that ended in Sep. 2020 was ₱1,715.85 Mil. Abra Mining & Industrial's Total Assets for the quarter that ended in Sep. 2020 was ₱1,777.86 Mil.

The historical rank and industry rank for Abra Mining & Industrial's Equity-to-Asset or its related term are showing as below:

PHS:AR's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Abra Mining & Industrial  (PHS:AR) 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%.


Abra Mining & Industrial Equity-to-Asset Related Terms


Abra Mining & Industrial Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Abra Mining & Industrial'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.

Abra Mining & Industrial Equity-to-Asset Chart

Abra Mining & Industrial Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.99 0.99 0.98 0.97

Abra Mining & Industrial Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 0.97 0.97 0.97 0.97 0.97

Abra Mining & Industrial Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Abra Mining & Industrial'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.


Abra Mining & Industrial Equity-to-Asset vs Metals & Mining Industry

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

* The bar in red indicates where Abra Mining & Industrial's Equity-to-Asset falls into.



Abra Mining & Industrial 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.

Abra Mining & Industrial's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=1716.685/1775.022
=

Abra Mining & Industrial's Equity to Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Equity to Asset (Q: Sep. 2020 )=Total Stockholders Equity/Total Assets
=1715.85/1777.863
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.97 mean?
Abra Mining & Industrial (PHS:AR) has a Equity-to-Asset of 0.97 as of Sep. 2020. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Abra Mining & Industrial and its competitors.
Is Abra Mining & Industrial's Equity-to-Asset too high?
Abra Mining & Industrial's current Equity-to-Asset is 0.97. The Metals & Mining industry median Equity-to-Asset is 0.80. Abra Mining & Industrial's value of 0.97 is 21.3% above this industry median.
How does Abra Mining & Industrial's Equity-to-Asset compare to competitors?
Abra Mining & Industrial's Equity-to-Asset of 0.97 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. Abra Mining & Industrial's value of 0.97 is 21.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,674 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Abra Mining & Industrial's current Equity-to-Asset of 0.97 is 21.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Abra Mining & Industrial and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abra Mining & Industrial's current Equity-to-Asset is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abra Mining & Industrial stock overvalued right now?
Abra Mining & Industrial (PHS:AR) has a current Equity-to-Asset of 0.97. The current Equity-to-Asset is 0.97 and 21.3% above the Metals & Mining industry median of 0.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Abra Mining & Industrial (PHS:AR), the current Equity-to-Asset is 0.97 as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abra Mining & Industrial Business Description

Address 103 West Avenue, Jabel Business Center, Brgy. Bungad, Quezon, QUE, PHL, 1104
Abra Mining & Industrial Corp is a Philippines-based mineral exploration company. The principal business activities of the company are exploration, development, exploitation, manufacture and sale of cement and metal concentrate, building materials, and other minerals. In addition, it is also involved in the processing and manufacture of non-metals for industrial and commercial purposes. The firm's projects include Capcapo Copper-Gold, Bucay Iron Sand, Baticang Limestone, Patok Gold- Copper, and SanVig iron sand project.