Valhalla Metals (TSXV:VMXX) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is Valhalla Metals Debt-to-Equity?

Valhalla Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil. Valhalla Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil. Valhalla Metals's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$5.98 Mil. Valhalla Metals's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 Valhalla Metals's Debt-to-Equity or its related term are showing as below:

TSXV:VMXX's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Valhalla Metals Debt-to-Equity Historical Data

The historical data trend for Valhalla Metals'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.

Valhalla Metals Debt-to-Equity Chart

Valhalla Metals Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

Valhalla Metals Quarterly Data
	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	-	-	-	-

Competitive Comparison of Valhalla Metals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Valhalla Metals'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.

Valhalla Metals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Valhalla Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Valhalla Metals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	0)	/	11.468
	=	0.00

Valhalla Metals's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	5.982
	=	0.00

Valhalla Metals (TSXV:VMXX) 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.

Valhalla Metals Debt-to-Equity Related Terms

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Valhalla Metals (TSXV:VMXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Valhalla Metals Inc (TSXV:VMXX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VMXXF:USA

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5

Website

Valhalla Metals Inc is a private exploration company based in Fairbanks, Alaska. It currently holds exploration projects concentrated in the Ambler Mining District of Alaska in the Brooks Range of NW Alaska, including the Sun and Smucker VMS Projects.

Valhalla Metals (TSXV:VMXX) Headlines

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