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Kairos Minerals (FRA:YAJ) Equity-to-Asset : 0.99 (As of Dec. 2023)


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What is Kairos Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kairos Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €22.75 Mil. Kairos Minerals's Total Assets for the quarter that ended in Dec. 2023 was €23.03 Mil.

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

FRA:YAJ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8   Med: 0.95   Max: 0.99
Current: 0.99

During the past 13 years, the highest Equity to Asset Ratio of Kairos Minerals was 0.99. The lowest was 0.80. And the median was 0.95.

FRA:YAJ's Equity-to-Asset is ranked better than
97.41% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs FRA:YAJ: 0.99

Kairos Minerals Equity-to-Asset Historical Data

The historical data trend for Kairos Minerals'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.

Kairos Minerals Equity-to-Asset Chart

Kairos Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.97 0.93 0.98 0.98

Kairos Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.96 0.98 0.95 0.98 0.99

Competitive Comparison of Kairos Minerals's Equity-to-Asset

For the Gold subindustry, Kairos Minerals'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.


Kairos Minerals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Kairos Minerals 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.

Kairos Minerals's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=19.671/20.132
=

Kairos Minerals's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=22.751/23.028
=

* 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.


Kairos Minerals  (FRA:YAJ) 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%.


Kairos Minerals Equity-to-Asset Related Terms

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


Kairos Minerals (FRA:YAJ) Business Description

Traded in Other Exchanges
Address
100 Railway Road, Suite 12, Level 1, West Perth, Daglish, WA, AUS, 6008
Kairos Minerals Ltd is a minerals exploration company currently undertaking exploration for gold and base metal mineralization in Western Australia. The company projects include Pilbara Gold and Roe Hills Gold-Nickel-Cobalt Project and Eastern Goldfields.

Kairos Minerals (FRA:YAJ) Headlines

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