Fresnillo (Fresnillo) Equity-to-Asset

: 0.66 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fresnillo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,772 Mil. Fresnillo's Total Assets for the quarter that ended in Dec. 2023 was $5,738 Mil. Therefore, Fresnillo's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

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

FNLPF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.63 Max: 0.66
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of Fresnillo was 0.66. The lowest was 0.61. And the median was 0.63.

FNLPF's Equity-to-Asset is ranked worse than
63.29% of 2702 companies
in the Metals & Mining industry
Industry Median: 0.8 vs FNLPF: 0.66

Fresnillo Equity-to-Asset Historical Data

The historical data trend for Fresnillo'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.

Fresnillo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.65

0.61

0.63

0.62

0.66

Fresnillo Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.63	0.62	0.62	0.61	0.66

Competitive Comparison

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

Fresnillo Equity-to-Asset Distribution

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

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

Fresnillo 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.

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

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	3771.852	/	5737.606
	=	0.66

Fresnillo'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
	=	3771.852	/	5737.606
	=	0.66

Fresnillo (OTCPK:FNLPF) 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%.

Fresnillo Equity-to-Asset Related Terms

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Fresnillo (Fresnillo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fresnillo PLC (OTCPK:FNLPF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

FRES:Mexico FRESl:UK FRES:UK FNL:Germany

Address

Calzada Legaria No. 549, Torre 2, Piso 11, Delegacion Miguel Hidalgo, Mexico, DF, MEX, 11250

Website

http://www.fresnilloplc.com

Fresnillo PLC is a silver mining company and the largest gold producer. The group has seven reportable operating segments, which are represented by six producing mines. The Fresnillo, Juanicipio and Saucito mines are located in the state of Zacatecas and are some of the world's largest underground silver mines. The Cirnega mine, located in the state of Durango, an underground gold mine. The San Julian mine, located on the border of Durango states, which is an underground silver-gold mine. The Herradura, Soledad-Dipolos, and Noche Buena are all open pit gold mines, located in the state of Sonora. Herradura and Saucito combined account for more than half of group revenue.