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Rio Tinto Equity-to-Asset

: 0.50 (As of Jun. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rio Tinto's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $50,557 Mil. Rio Tinto's Total Assets for the quarter that ended in Jun. 2022 was $101,905 Mil. Therefore, Rio Tinto's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.50.

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

RIO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.45   Max: 0.55
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Rio Tinto was 0.55. The lowest was 0.18. And the median was 0.45.

RIO's Equity-to-Asset is ranked worse than
76.36% of 2559 companies
in the Metals & Mining industry
Industry Median: 0.83 vs RIO: 0.50

Rio Tinto Equity-to-Asset Historical Data

The historical data trend for Rio Tinto'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.

Rio Tinto Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.48 0.46 0.48 0.50

Rio Tinto Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.46 0.48 0.51 0.50 0.50

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Rio Tinto'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.

   

Rio Tinto Equity-to-Asset Distribution

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

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



Rio Tinto 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.

Rio Tinto's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=51432/102896
=0.50

Rio Tinto's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=50557/101905
=0.50

* 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.


Rio Tinto  (NYSE:RIO) 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%.


Rio Tinto Equity-to-Asset Related Terms

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


Rio Tinto Business Description

Rio Tinto logo
Address
6 St James’s Square, London, GBR, SW1Y 4AD
Rio Tinto searches for and extracts a variety of minerals worldwide, with the heaviest concentrations in North America and Australia. Iron ore is the dominant commodity, with significantly lesser contributions from aluminium, copper, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity. Shareholders in each company have equivalent economic and voting rights.

Rio Tinto Headlines

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