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Rambler Metals and Mining (Rambler Metals and Mining) Equity-to-Asset : 0.58 (As of Jun. 2022)


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What is Rambler Metals and Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rambler Metals and Mining's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $74.19 Mil. Rambler Metals and Mining's Total Assets for the quarter that ended in Jun. 2022 was $127.31 Mil. Therefore, Rambler Metals and Mining's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.58.

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

RBMTF'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.

Rambler Metals and Mining Equity-to-Asset Historical Data

The historical data trend for Rambler Metals and Mining'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.

Rambler Metals and Mining Equity-to-Asset Chart

Rambler Metals and Mining Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.57 0.55 0.65 0.62

Rambler Metals and Mining Semi-Annual Data
Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.47 0.65 0.67 0.62 0.58

Competitive Comparison of Rambler Metals and Mining's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Rambler Metals and Mining'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.


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

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

* The bar in red indicates where Rambler Metals and Mining's Equity-to-Asset falls into.



Rambler Metals and Mining 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.

Rambler Metals and Mining'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
=76.505/124.32
=0.62

Rambler Metals and Mining'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
=74.19/127.313
=0.58

* 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.


Rambler Metals and Mining  (OTCPK:RBMTF) 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%.


Rambler Metals and Mining Equity-to-Asset Related Terms

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Rambler Metals and Mining (Rambler Metals and Mining) Business Description

Traded in Other Exchanges
N/A
Address
3 Sheen Road, Richmond upon Thames, Surrey, GBR, TW9 1AD
Rambler Metals and Mining PLC's principal activity is the development, mining, and exploration of the Project in Newfoundland and Labrador. The company owns an interest in Ming Mine Project which is located on the Baie Verte Peninsula in Canada. Its other properties include Goodyear's Cove which is an integrated concentrate storage and shipping facility and the Nugget Pond property. The company earns most of the revenue from Canada.

Rambler Metals and Mining (Rambler Metals and Mining) Headlines