Wheaton Precious Metals (Wheaton Precious Metals) Equity-to-Asset

: 0.99 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wheaton Precious Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,986 Mil. Wheaton Precious Metals's Total Assets for the quarter that ended in Dec. 2023 was $7,031 Mil. Therefore, Wheaton Precious Metals's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.99.

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

WPM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74 Med: 0.86 Max: 0.99
Current: 0.99

During the past 13 years, the highest Equity to Asset Ratio of Wheaton Precious Metals was 0.99. The lowest was 0.74. And the median was 0.86.

WPM's Equity-to-Asset is ranked better than
97.07% of 2697 companies
in the Metals & Mining industry
Industry Median: 0.81 vs WPM: 0.99

Wheaton Precious Metals Equity-to-Asset Historical Data

The historical data trend for Wheaton Precious Metals'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.

Wheaton Precious Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.85

0.96

0.99

Wheaton Precious Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.99	0.99	1.00	0.99	0.99

Competitive Comparison

For the Gold subindustry, Wheaton Precious Metals'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.

Wheaton Precious Metals Equity-to-Asset Distribution

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

* The bar in red indicates where Wheaton Precious Metals's Equity-to-Asset falls into.

Wheaton Precious Metals 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.

Wheaton Precious Metals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	6985.516	/	7031.185
	=	0.99

Wheaton Precious Metals'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
	=	6985.516	/	7031.185
	=	0.99

Wheaton Precious Metals (NYSE:WPM) 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%.

Wheaton Precious Metals Equity-to-Asset Related Terms

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Wheaton Precious Metals (Wheaton Precious Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wheaton Precious Metals Corp (NYSE:WPM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

WPM:UK SII:Germany SII:Germany SII:Germany SII:Germany WPM:Canada

Address

1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3

Website

https://www.wheatonpm.com

Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.