Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Exxaro Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2,571 Mil. Exxaro Resources's Total Assets for the quarter that ended in Dec. 2023 was €4,570 Mil.
Therefore, Exxaro Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.
The historical rank and industry rank for Exxaro Resources's Equity-to-Asset or its related term are showing as below:
STU:LCQ'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48 Med: 0.64 Max: 0.73
Current: 0.56
During the past 13 years, the highest Equity to Asset Ratio of Exxaro Resources was 0.73. The lowest was 0.48. And the median was 0.64.
STU:LCQ's Equity-to-Asset is ranked worse than 53.04% of 181
companies
in the Other Energy Sources industry
Industry Median: 0.59
vs STU:LCQ: 0.56
Exxaro Resources Equity-to-Asset Historical Data
The historical data trend for Exxaro Resources'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.
Competitive Comparison of Exxaro Resources's Equity-to-Asset
For the Thermal Coal subindustry, Exxaro Resources'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.
Exxaro Resources's Equity-to-Asset Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Exxaro Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Exxaro Resources's Equity-to-Asset falls into.
Exxaro Resources 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.
Exxaro Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Exxaro Resources Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Exxaro Resources's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Exxaro Resources Ltd is one of the South Africa-based diversified resources companies. The company has five operating segments: Coal, Ferrous, TiO2, Energy, and Others. The majority of its revenue comes from the coal segment, whose operations are located in the Waterberg and Mpumalanga regions and are split between coal commercial operations and coal-tied operations and produce thermal and metallurgical coal. Commercial Waterberg comprising mainly of the Grootegeluk operation, Commercial Mpumalanga comprising the Belfast and Leeuwpan operations, and Tied comprising of the Matla mine supplying its entire coal supply to Eskom. Its geographical segments are RSA, Europe, Asia, and others, out of which the majority are from the RSA ( Republic of South Africa).
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STU:LCQ has been successfully added to your 