Vanadiumcorp Resource (FRA:NWNA) Debt-to-Equity

: 0.10 (As of Jan. 2024)

View and export this data going back to 2004. Start your Free Trial

Vanadiumcorp Resource's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.08 Mil. Vanadiumcorp Resource's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.42 Mil. Vanadiumcorp Resource's Total Stockholders Equity for the quarter that ended in Jan. 2024 was €5.30 Mil. Vanadiumcorp Resource's debt to equity for the quarter that ended in Jan. 2024 was 0.10.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

FRA:NWNA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.11
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Vanadiumcorp Resource was 0.11. The lowest was 0.01. And the median was 0.03.

FRA:NWNA's Debt-to-Equity is ranked better than
54.36% of 1306 companies
in the Metals & Mining industry
Industry Median: 0.13 vs FRA:NWNA: 0.10

Vanadiumcorp Resource Debt-to-Equity Historical Data

The historical data trend for Vanadiumcorp Resource's Debt-to-Equity 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.

Vanadiumcorp Resource Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

0.01

0.03

0.04

0.11

Vanadiumcorp Resource Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity																0.01	0.01	0.01	0.11	0.10

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Vanadiumcorp Resource's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Vanadiumcorp Resource Debt-to-Equity Distribution

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

* The bar in red indicates where Vanadiumcorp Resource's Debt-to-Equity falls into.

Vanadiumcorp Resource Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vanadiumcorp Resource's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.106	+	0.427)	/	4.931
	=	0.11

Vanadiumcorp Resource's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.083	+	0.423)	/	5.296
	=	0.10

Vanadiumcorp Resource (FRA:NWNA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Vanadiumcorp Resource Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Vanadiumcorp Resource's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Vanadiumcorp Resource (FRA:NWNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vanadiumcorp Resource Inc (FRA:NWNA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VRBFF:USA VRB:Canada

Address

303-5455 West Boulevard, Vancouver, BC, CAN, V6M 3W5

Website

https://www.vanadiumcorp.com

Vanadiumcorp Resource Inc is engaged in the exploration and development of mineral properties in Canada. It is also involved in the development of vanadium redox flow battery technology in Germany. The company's primary focus is on the Lac Dore and Iron-T Properties in Quebec which is prospective for vanadium, titanium, and iron.

Vanadiumcorp Resource (FRA:NWNA) Headlines

No Headlines