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VVC Exploration (VVC Exploration) Equity-to-Asset : 0.79 (As of Oct. 2023)


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What is VVC Exploration Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. VVC Exploration's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $26.58 Mil. VVC Exploration's Total Assets for the quarter that ended in Oct. 2023 was $33.63 Mil.

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

VVCVF' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.15   Med: 0.56   Max: 0.88
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of VVC Exploration was 0.88. The lowest was -4.15. And the median was 0.56.

VVCVF's Equity-to-Asset is ranked better than
82.89% of 1093 companies
in the Oil & Gas industry
Industry Median: 0.51 vs VVCVF: 0.79

VVC Exploration Equity-to-Asset Historical Data

The historical data trend for VVC Exploration'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.

VVC Exploration Equity-to-Asset Chart

VVC Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.67 0.06 -1.00 -3.93

VVC Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -2.58 -3.93 -4.15 0.80 0.79

Competitive Comparison of VVC Exploration's Equity-to-Asset

For the Oil & Gas E&P subindustry, VVC Exploration'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.


VVC Exploration's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, VVC Exploration's Equity-to-Asset distribution charts can be found below:

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



VVC Exploration 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.

VVC Exploration's Equity to Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Equity to Asset (A: Jan. 2023 )=Total Stockholders Equity/Total Assets
=-5.376/1.369
=-3.93

VVC Exploration's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=26.584/33.627
=

* 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.


VVC Exploration  (OTCPK:VVCVF) 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%.


VVC Exploration Equity-to-Asset Related Terms

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VVC Exploration (VVC Exploration) Business Description

Traded in Other Exchanges
Address
2369 Kingston Road, P.O. Box 28059, Terry Town, Scarborough, ON, CAN, M1N 4E7
VVC Exploration Corp is engaged in the exploration and development of precious and base metals mineral properties. Its portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico, and the Helium / Natural Gas Projects owned by its wholly-owned subsidiary, PHC. VVC is currently focused on the Helium Projects owned by PHC and will resume the development of the Gloria Copper Project. The company's mineral resource properties are located in Mexico and Canada.

VVC Exploration (VVC Exploration) Headlines

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