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China Rare Earth Holdings (China Rare Earth Holdings) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is China Rare Earth Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Rare Earth Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $264.33 Mil. China Rare Earth Holdings's Total Assets for the quarter that ended in Dec. 2023 was $275.77 Mil. Therefore, China Rare Earth Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.96.

The historical rank and industry rank for China Rare Earth Holdings's Equity-to-Asset or its related term are showing as below:

CREQF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91   Med: 0.94   Max: 0.96
Current: 0.96

During the past 13 years, the highest Equity to Asset Ratio of China Rare Earth Holdings was 0.96. The lowest was 0.91. And the median was 0.94.

CREQF's Equity-to-Asset is ranked better than
81.9% of 2702 companies
in the Metals & Mining industry
Industry Median: 0.8 vs CREQF: 0.96

China Rare Earth Holdings Equity-to-Asset Historical Data

The historical data trend for China Rare Earth Holdings'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.

China Rare Earth Holdings Equity-to-Asset Chart

China Rare Earth Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.95 0.95 0.95 0.96

China Rare Earth Holdings 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 0.95 0.95 0.95 0.95 0.96

Competitive Comparison of China Rare Earth Holdings's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, China Rare Earth Holdings'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.


China Rare Earth Holdings's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where China Rare Earth Holdings's Equity-to-Asset falls into.



China Rare Earth Holdings 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.

China Rare Earth Holdings'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
=264.331/275.769
=0.96

China Rare Earth Holdings'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
=264.331/275.769
=0.96

* 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.


China Rare Earth Holdings  (OTCPK:CREQF) 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%.


China Rare Earth Holdings Equity-to-Asset Related Terms

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


China Rare Earth Holdings (China Rare Earth Holdings) Business Description

Traded in Other Exchanges
Address
Dingshu Town, Jiangsu Province, Yixing, CHN, 214226
China Rare Earth Holdings Ltd is an investment holding company. It operates in two segments: Rare earth and Refractory. The Rare earth segment includes manufacturing and sales of rare earth products such as praseodymium, neodymium, terbium, and dysprosium through trading. It also focuses on the production of high-end products such as rare earth oxides. The Refractory segment includes the manufacturing and sales of refractory products, including Refractory materials and Magnesium grains. The majority of its revenue comes from Rare Earth Segment. Its geographical segments are China, Japan, Europe, and Others, of which China accounts for the vast majority of its revenue.

China Rare Earth Holdings (China Rare Earth Holdings) Headlines

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