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Lonmin (Lonmin) Equity-to-Asset : 0.76 (As of Sep. 2018)


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What is Lonmin Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lonmin's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $757 Mil. Lonmin's Total Assets for the quarter that ended in Sep. 2018 was $999 Mil. Therefore, Lonmin's Equity to Asset Ratio for the quarter that ended in Sep. 2018 was 0.76.

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

LNMIY's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Lonmin Equity-to-Asset Historical Data

The historical data trend for Lonmin'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.

Lonmin Equity-to-Asset Chart

Lonmin Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.67 0.83 0.79 0.76

Lonmin Semi-Annual Data
Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18
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 0.83 0.82 0.79 0.72 0.76

Competitive Comparison of Lonmin's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Lonmin'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.


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

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

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



Lonmin 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.

Lonmin's Equity to Asset Ratio for the fiscal year that ended in Sep. 2018 is calculated as

Equity to Asset (A: Sep. 2018 )=Total Stockholders Equity/Total Assets
=757/999
=0.76

Lonmin's Equity to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Equity to Asset (Q: Sep. 2018 )=Total Stockholders Equity/Total Assets
=757/999
=0.76

* 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.


Lonmin  (OTCPK:LNMIY) 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%.


Lonmin Equity-to-Asset Related Terms

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


Lonmin (Lonmin) Business Description

Traded in Other Exchanges
N/A
Address
Middelkraal Farm, LPD Building, P.O. Box x508, Marikana, North West Province, Rustenburg, ZAF, 0284
Lonmin PLC engages in exploring, mining, smelting, refining and marketing of platinum along with is associated group metals the Platinum Group Metals (PGM). Platinum is the primary product that the company offers and it accounts for the most of the company revenue. It also deals in the by-products that are produced from PGM mining which includes gold, copper, nickel, chrome and cobalt. Through its mining operations at Marikana located in Brits, South Africa the firm produces most of the group's total production other locations being Pandora and Akanani. Lonmin serves the Chinese and Japanese markets and generates the majority of its revenue through the sale of platinum.

Lonmin (Lonmin) Headlines

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