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VAR Resources (TSXV:VAR) LT-Debt-to-Total-Asset : 0.00 (As of Jul. 2022)


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What is VAR Resources LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. VAR Resources's long-term debt to total assests ratio for the quarter that ended in Jul. 2022 was 0.00.

VAR Resources's long-term debt to total assets ratio stayed the same from Jul. 2021 (0.00) to Jul. 2022 (0.00).


VAR Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for VAR Resources's LT-Debt-to-Total-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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VAR Resources LT-Debt-to-Total-Asset Chart

VAR Resources Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
LT-Debt-to-Total-Asset
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VAR Resources Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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VAR Resources LT-Debt-to-Total-Asset Calculation

VAR Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2021 is calculated as

LT Debt to Total Assets (A: Oct. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Oct. 2021 )/Total Assets (A: Oct. 2021 )
=0/0.517
=

VAR Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2022 is calculated as

LT Debt to Total Assets (Q: Jul. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Jul. 2022 )/Total Assets (Q: Jul. 2022 )
=0/0.572
=

* 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.


VAR Resources  (TSXV:VAR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


VAR Resources LT-Debt-to-Total-Asset Related Terms

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VAR Resources (TSXV:VAR) Business Description

Traded in Other Exchanges
N/A
Address
580 Hornby Street, Suite 588, Vancouver, BC, CAN, V6C 3B6
VAR Resources Corp is engaged in the exploration and acquisition of mineral properties.

VAR Resources (TSXV:VAR) Headlines

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