Vatic Ventures (TSXV:VCV) Debt-to-Asset : 0.09 (As of Nov. 2023)

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What is Vatic Ventures Debt-to-Asset?

Vatic Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.17 Mil. Vatic Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.06 Mil. Vatic Ventures's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Nov. 2023 was C$2.45 Mil. Vatic Ventures's debt to asset for the quarter that ended in Nov. 2023 was 0.09.

Vatic Ventures Debt-to-Asset Historical Data

The historical data trend for Vatic Ventures's Debt-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.

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Vatic Ventures Debt-to-Asset Chart

Vatic Ventures Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Asset

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14.62

0.37

0.03

Vatic Ventures Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-Asset	Get a 7-Day Free Trial															-	0.03	0.06	0.08	0.09

Competitive Comparison of Vatic Ventures's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Vatic Ventures's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Vatic Ventures's Debt-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Vatic Ventures's Debt-to-Asset falls into.

Vatic Ventures Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Vatic Ventures's Debt-to-Asset for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	0.06)	/	2.38
	=	0.03

Vatic Ventures's Debt-to-Asset for the quarter that ended in Nov. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.169	+	0.06)	/	2.45
	=	0.09

Vatic Ventures (TSXV:VCV) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Vatic Ventures Debt-to-Asset Related Terms

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Vatic Ventures (TSXV:VCV) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vatic Ventures Corp (TSXV:VCV) » Definitions » Debt-to-Asset

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VCVVF:USA

Address

1400 - 1040 West Georgia Street, Vancouver, BC, CAN, V6E 4H1

Website

https://www.vaticventures.com

Vatic Ventures Corp is engaged in the acquisition, exploration, and development of mineral properties.