Southern Alliance Mining (SGX:QNS) Equity-to-Asset : 0.89 (As of Jan. 2025)

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What is Southern Alliance Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Southern Alliance Mining's Total Stockholders Equity for the quarter that ended in Jan. 2025 was S$99.88 Mil. Southern Alliance Mining's Total Assets for the quarter that ended in Jan. 2025 was S$112.01 Mil. Therefore, Southern Alliance Mining's Equity to Asset Ratio for the quarter that ended in Jan. 2025 was 0.89.

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

SGX:QNS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.89 Max: 0.92
Current: 0.89

During the past 8 years, the highest Equity to Asset Ratio of Southern Alliance Mining was 0.92. The lowest was 0.66. And the median was 0.89.

SGX:QNS's Equity-to-Asset is ranked better than
93.71% of 636 companies
in the Steel industry
Industry Median: 0.54 vs SGX:QNS: 0.89

Southern Alliance Mining Equity-to-Asset Historical Data

The historical data trend for Southern Alliance Mining'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.

Southern Alliance Mining Equity-to-Asset Chart

Southern Alliance Mining Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Equity-to-Asset

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0.89

0.85

0.91

0.88

Southern Alliance Mining Semi-Annual Data
	Jul17	Jul18	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25
Equity-to-Asset	Get a 7-Day Free Trial									0.92	0.91	0.91	0.88	0.89

Competitive Comparison of Southern Alliance Mining's Equity-to-Asset

For the Steel subindustry, Southern Alliance Mining'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.

Southern Alliance Mining's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Southern Alliance Mining's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Southern Alliance Mining's Equity-to-Asset falls into.

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Southern Alliance Mining 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.

Southern Alliance Mining's Equity to Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Equity to Asset (A: Jul. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	97.227	/	111.118
	=	0.87

Southern Alliance Mining's Equity to Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

Equity to Asset (Q: Jan. 2025 )	=	Total Stockholders Equity	/	Total Assets
	=	99.882	/	112.01
	=	0.89

Southern Alliance Mining (SGX:QNS) 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%.

Southern Alliance Mining Equity-to-Asset Related Terms

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

Southern Alliance Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Southern Alliance Mining Ltd (SGX:QNS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Putra Square 6, Level 8, Menara Zenith, Putra Square, Kuantan, PHG, MYS, 25200

Website

https://www.southernalliancemining.com

Southern Alliance Mining Ltd is engaged in the exploration, mining, and processing of iron ore for subsequent sale. The principal activities of the Company are those of investment holding and provision of management services. The company mines, produces, and sells iron ore which includes processed iron ore concentrate typically sold to steel mills or traders; and crushed iron ore that is used as a pipe coating material. It mines at the Chaah mine an open pit mine located at the southwest of the township of Chaah.

Southern Alliance Mining Headlines

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