G50 (ASX:G50) Equity-to-Asset : 0.94 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is G50 Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. G50's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$9.69 Mil. G50's Total Assets for the quarter that ended in Dec. 2023 was A$10.29 Mil.

The historical rank and industry rank for G50's Equity-to-Asset or its related term are showing as below:

ASX:G50' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.93 Med: 0.94 Max: 0.98
Current: 0.94

During the past 2 years, the highest Equity to Asset Ratio of G50 was 0.98. The lowest was 0.93. And the median was 0.94.

ASX:G50's Equity-to-Asset is ranked better than
75.63% of 2712 companies
in the Metals & Mining industry
Industry Median: 0.79 vs ASX:G50: 0.94

G50 Equity-to-Asset Historical Data

The historical data trend for G50'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.

G50 Equity-to-Asset Chart

G50 Annual Data

Trend

Jun22

Jun23

Equity-to-Asset

0.98

0.93

G50 Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	0.97	0.98	0.94	0.93	0.94

Competitive Comparison of G50's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, G50'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.

G50's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, G50's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where G50's Equity-to-Asset falls into.

G50 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.

G50's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	9.46	/	10.182
	=

G50'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
	=	9.689	/	10.288
	=

G50 (ASX:G50) 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%.

G50 Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of G50's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

G50 (ASX:G50) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » G50 Corp Ltd (ASX:G50) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Arthur Street, Suite 503, North Sydney, NSW, AUS, 2060

Website

https://www.gold50.com

Gold 50 Ltd is a mineral exploration and mining company focused on gold and silver projects. Some of its projects are the Golconda Project, the Spitfire Mine, the Broken Hills, the Caisson Project, and the Top Gun Project.

G50 (ASX:G50) Headlines

No Headlines