VDM Group (ASX:VMG) Debt-to-Asset : 5.50 (As of Jun. 2024)

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What is VDM Group Debt-to-Asset?

VDM Group ASX:VMG Debt-to-Asset is 5.50 as of Jun. 2024.

VDM Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$12.51 Mil. VDM Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. VDM Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was A$2.28 Mil. VDM Group's debt to asset for the quarter that ended in Jun. 2024 was 5.49.

VDM Group  (ASX:VMG) 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.

VDM Group Debt-to-Asset Related Terms

VDM Group Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for VDM Group'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.

VDM Group Debt-to-Asset Chart

VDM Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.58 0.66 4.47 5.50

VDM Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-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 0.66 0.73 4.47 4.97 5.50

ASX:VMG vs PWR, J, ACM: Debt-to-Asset Comparison

For the Engineering & Construction subindustry, VDM Group'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.

VDM Group Debt-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, VDM Group's Debt-to-Asset distribution charts can be found below:

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


VDM Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

VDM Group's Debt-to-Asset for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(12.511 + 0) / 2.277
=5.49

VDM Group's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(12.511 + 0) / 2.277
=5.49

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 5.50 mean?
VDM Group (ASX:VMG) has a Debt-to-Asset of 5.50 as of Jun. 2024. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on VDM Group and its competitors.
Is VDM Group's Debt-to-Asset too high?
VDM Group's current Debt-to-Asset is 5.50.
How does VDM Group's Debt-to-Asset compare to PWR and J?
VDM Group's Debt-to-Asset of 5.50 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Construction company?
A good Debt-to-Asset depends on the Construction industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on VDM Group and its competitors. VDM Group's current Debt-to-Asset is 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VDM Group stock overvalued right now?
VDM Group (ASX:VMG) has a current Debt-to-Asset of 5.50. The current Debt-to-Asset is 5.50. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For VDM Group (ASX:VMG), the current Debt-to-Asset is 5.50 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VDM Group Business Description

Address 420 Bagot Road, Unit 2, Subiaco, Subiaco, WA, AUS, 6008
VDM Group Ltd is an engineering and construction company. The company is an operationally diverse company arranged under two operating divisions: i) construction and ii) mining and exploration. Its activities involve exploration of the Cachoeiras do Binga copper project located in the Republic of Angola (Cachoeiras do Binga); exploration of the Cage Bengo Project located in the Republic of Angola (Cage Bengo); and review of new project opportunities.