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Rome Resources (LSE:RMR) Equity-to-Asset : 0.87 (As of Dec. 2024)


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What is Rome Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rome Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was £13.35 Mil. Rome Resources's Total Assets for the quarter that ended in Dec. 2024 was £15.33 Mil.

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

LSE:RMR' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.29   Med: -0.14   Max: 0.87
Current: 0.87

During the past 13 years, the highest Equity to Asset Ratio of Rome Resources was 0.87. The lowest was -2.29. And the median was -0.14.

LSE:RMR's Equity-to-Asset is ranked better than
62.51% of 2641 companies
in the Metals & Mining industry
Industry Median: 0.78 vs LSE:RMR: 0.87

Rome Resources Equity-to-Asset Historical Data

The historical data trend for Rome Resources'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.

Rome Resources Equity-to-Asset Chart

Rome Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.56 0.61 -2.29 0.85 0.87

Rome Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -2.29 0.62 0.85 0.65 0.87

Competitive Comparison of Rome Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Rome Resources'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.


Rome Resources's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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


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Rome Resources 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.

Rome Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=13.347/15.331
=

Rome Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=13.347/15.331
=

* 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.


Rome Resources  (LSE:RMR) 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%.


Rome Resources Equity-to-Asset Related Terms

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


Rome Resources Business Description

Traded in Other Exchanges
Address
35 Berkeley Square, London, GBR, W1J 5BF
Rome Resources PLC formerly Pathfinder Minerals PLC is a natural resources company, seeking to mine heavy mineral sands in countries that include Mozambique and Cameroon, and pursue opportunities in battery metals projects in countries including Zimbabwe, Madagascar, and Malawi. The firm has a license to mine land on the Indian Ocean coast of Zambezia province of Mozambique. It is looking for heavy minerals such as ilmenite, rutile, and zircon, which are used in the manufacture of products across the industrial sectors.