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Whetstone Minerals (Whetstone Minerals) Equity-to-Asset : 0.64 (As of Jun. 2014)


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What is Whetstone Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Whetstone Minerals's Total Stockholders Equity for the quarter that ended in Jun. 2014 was $1.35 Mil. Whetstone Minerals's Total Assets for the quarter that ended in Jun. 2014 was $2.09 Mil.

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

WMITF's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Whetstone Minerals Equity-to-Asset Historical Data

The historical data trend for Whetstone Minerals'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.

Whetstone Minerals Equity-to-Asset Chart

Whetstone Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 -0.16 0.87 0.87 0.62

Whetstone Minerals Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 0.88 0.89 0.62 0.64 0.64

Competitive Comparison of Whetstone Minerals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Whetstone Minerals'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.


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

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

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



Whetstone Minerals 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.

Whetstone Minerals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=1.393/2.26
=

Whetstone Minerals's Equity to Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Equity to Asset (Q: Jun. 2014 )=Total Stockholders Equity/Total Assets
=1.345/2.087
=

* 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.


Whetstone Minerals  (OTCPK:WMITF) 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%.


Whetstone Minerals Equity-to-Asset Related Terms

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Whetstone Minerals (Whetstone Minerals) Business Description

Traded in Other Exchanges
N/A
Address
Whetstone Minerals Limited is an exploration stage company engaged in the business of mineral exploration.

Whetstone Minerals (Whetstone Minerals) Headlines

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