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Dominion Diamond (Dominion Diamond) Equity-to-Asset : 0.58 (As of Apr. 2017)


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What is Dominion Diamond Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dominion Diamond's Total Stockholders Equity for the quarter that ended in Apr. 2017 was $1,179.6 Mil. Dominion Diamond's Total Assets for the quarter that ended in Apr. 2017 was $2,040.4 Mil. Therefore, Dominion Diamond's Equity to Asset Ratio for the quarter that ended in Apr. 2017 was 0.58.

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

DDC'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.

Dominion Diamond Equity-to-Asset Historical Data

The historical data trend for Dominion Diamond'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.

Dominion Diamond Equity-to-Asset Chart

Dominion Diamond Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.58 0.58 0.59 0.61

Dominion Diamond Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 0.60 0.59 0.61 0.58 0.67

Competitive Comparison of Dominion Diamond's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Dominion Diamond'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.


Dominion Diamond's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Dominion Diamond 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.

Dominion Diamond's Equity to Asset Ratio for the fiscal year that ended in Jan. 2017 is calculated as

Equity to Asset (A: Jan. 2017 )=Total Stockholders Equity/Total Assets
=1218.869/2003.876
=0.61

Dominion Diamond's Equity to Asset Ratio for the quarter that ended in Apr. 2017 is calculated as

Equity to Asset (Q: Apr. 2017 )=Total Stockholders Equity/Total Assets
=1179.588/2040.397
=0.58

* 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.


Dominion Diamond  (NYSE:DDC) 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%.


Dominion Diamond Equity-to-Asset Related Terms

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Dominion Diamond (Dominion Diamond) Business Description

Traded in Other Exchanges
N/A
Address
Dominion Diamond Corp is a Canadian diamond mining company that supplies rough diamonds to the global market. The company owns two major diamond mines, the Ekati Diamond Mine, for which a controlling interest is owned by Dominion Diamond, and the Diavik Diamond Mine. Both mines are located in Canada's Northwest Territories. Dominion Diamond receives rough diamonds through its ownership interests in these mines, and sells the sorted and assessed diamonds to diamond manufacturers who cut and polish diamonds.

Dominion Diamond (Dominion Diamond) Headlines