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Exeter Resource (Exeter Resource) Equity-to-Asset : 0.82 (As of Mar. 2017)


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What is Exeter Resource Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Exeter Resource's Total Stockholders Equity for the quarter that ended in Mar. 2017 was $9.36 Mil. Exeter Resource's Total Assets for the quarter that ended in Mar. 2017 was $11.42 Mil. Therefore, Exeter Resource's Equity to Asset Ratio for the quarter that ended in Mar. 2017 was 0.82.

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

XRA'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.

Exeter Resource Equity-to-Asset Historical Data

The historical data trend for Exeter Resource'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.

Exeter Resource Equity-to-Asset Chart

Exeter Resource Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.98 0.96 0.99 0.97

Exeter Resource Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.99 0.98 0.98 0.97 0.82

Competitive Comparison of Exeter Resource's Equity-to-Asset

For the Gold subindustry, Exeter Resource'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.


Exeter Resource's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Exeter Resource 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.

Exeter Resource's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Equity to Asset (A: Dec. 2016 )=Total Stockholders Equity/Total Assets
=12.868/13.278
=0.97

Exeter Resource's Equity to Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

Equity to Asset (Q: Mar. 2017 )=Total Stockholders Equity/Total Assets
=9.363/11.422
=0.82

* 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.


Exeter Resource  (AMEX:XRA) 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%.


Exeter Resource Equity-to-Asset Related Terms

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


Exeter Resource (Exeter Resource) Business Description

Traded in Other Exchanges
N/A
Address
Exeter Resource Corporation was incorporated on February 10, 1984. It is an exploration and development company. It is engaged in gold deposits in the Maricunga district in Chile, Caspiche project.

Exeter Resource (Exeter Resource) Headlines

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