PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Equity-to-Asset

: 0.28 (As of Jun. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PJSC Mining & Metallurgical Co Norilsk Nickel's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €5,961 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's Total Assets for the quarter that ended in Jun. 2023 was €21,213 Mil. Therefore, PJSC Mining & Metallurgical Co Norilsk Nickel's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.28.

The historical rank and industry rank for PJSC Mining & Metallurgical Co Norilsk Nickel's Equity-to-Asset or its related term are showing as below:

WBO:MNOD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1 Med: 0.23 Max: 0.51
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of PJSC Mining & Metallurgical Co Norilsk Nickel was 0.51. The lowest was 0.10. And the median was 0.23.

WBO:MNOD's Equity-to-Asset is ranked worse than
85.98% of 2697 companies
in the Metals & Mining industry
Industry Median: 0.83 vs WBO:MNOD: 0.28

PJSC Mining & Metallurgical Co Norilsk Nickel Equity-to-Asset Historical Data

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.21

0.20

0.19

0.16

0.28

PJSC Mining & Metallurgical Co Norilsk Nickel Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset																0.22	0.16	0.29	0.28	0.28

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, PJSC Mining & Metallurgical Co Norilsk Nickel'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.

Annual Data Quarterly Data

PJSC Mining & Metallurgical Co Norilsk Nickel Equity-to-Asset Distribution

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

* The bar in red indicates where PJSC Mining & Metallurgical Co Norilsk Nickel's Equity-to-Asset falls in comparison to its industry or sector. The grey bar indicates the Equity-to-Asset's extreme value range as defined by GuruFocus.

PJSC Mining & Metallurgical Co Norilsk Nickel 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.

PJSC Mining & Metallurgical Co Norilsk Nickel's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	6347.773	/	22990.594
	=	0.28

PJSC Mining & Metallurgical Co Norilsk Nickel's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	5960.734	/	21213.309
	=	0.28

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) 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%.

PJSC Mining & Metallurgical Co Norilsk Nickel Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of PJSC Mining & Metallurgical Co Norilsk Nickel's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

GMKN:Russia

Address

15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100

Website

https://www.nornickel.com

PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Headlines

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