Veltex (Veltex) Debt-to-Asset : 1.05 (As of Mar. 2024)

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

What is Veltex Debt-to-Asset?

Veltex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.34 Mil. Veltex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Veltex's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $2.22 Mil. Veltex's debt to asset for the quarter that ended in Mar. 2024 was 1.05.

Veltex Debt-to-Asset Historical Data

The historical data trend for Veltex'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.

* Premium members only.

Veltex Debt-to-Asset Chart

Veltex Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.53

0.93

1.21

Veltex Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial			0.93	1.07	1.04	1.21	1.05

Competitive Comparison of Veltex's Debt-to-Asset

For the Medical Care Facilities subindustry, Veltex'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.

Veltex's Debt-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veltex's Debt-to-Asset distribution charts can be found below:

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

Veltex Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Veltex's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.185	+	0)	/	1.803
	=	1.21

Veltex's Debt-to-Asset for the quarter that ended in Mar. 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
	=	(2.343	+	0)	/	2.222
	=	1.05

Veltex (OTCPK:VLXC) 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.

Veltex Debt-to-Asset Related Terms

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

Veltex (Veltex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veltex Corp (OTCPK:VLXC) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 West Madison Street, Suite 1500, Chicago, IL, USA, 60602

Website

https://www.veltex.com

Veltex Corp is a United States-based holding company. The company is engaged in the development and acquisition of companies that have established or advanced the latest modalities in the areas of health, wellness, and recovery. Its market includes rehab centres and treatment centres. The company also acquires real estate properties.