VMRI (Valmie Resources) Debt-to-Asset : 0.00 (As of Feb. 2017)

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What is Valmie Resources Debt-to-Asset?

Valmie Resources VMRI -99.00% Debt-to-Asset is 0.00 as of Feb. 2017.

Valmie Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2017 was $0.00 Mil. Valmie Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2017 was $0.00 Mil. Valmie Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2017 was $0.51 Mil. Valmie Resources's debt to asset for the quarter that ended in Feb. 2017 was 0.00.

Valmie Resources  (OTCPK:VMRI) 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.

Valmie Resources Debt-to-Asset Related Terms

Valmie Resources Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Valmie Resources'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.

Valmie Resources Debt-to-Asset Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Debt-to-Asset
Get a 7-Day Free Trial 0.00 0.00 5.23 2.20 0.00

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 3.36 0.42 0.08 0.00 0.00

VMRI vs CRTG, SFIV, ITOX: Debt-to-Asset Comparison

For the Computer Hardware subindustry, Valmie Resources'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.

Valmie Resources Debt-to-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Valmie Resources's Debt-to-Asset distribution charts can be found below:

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


Valmie Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Valmie Resources's Debt-to-Asset for the fiscal year that ended in Nov. 2016 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 0.437
=0.00

Valmie Resources's Debt-to-Asset for the quarter that ended in Feb. 2017 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 0.507
=0.00

* 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 0.00 mean?
Valmie Resources (VMRI) has a Debt-to-Asset of 0.00 as of Feb. 2017. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Valmie Resources and its competitors.
Is Valmie Resources' Debt-to-Asset too high?
Valmie Resources' current Debt-to-Asset is 0.00.
How does Valmie Resources' Debt-to-Asset compare to CRTG and SFIV?
Valmie Resources' Debt-to-Asset of 0.00 can be compared against companies in the Hardware 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 Hardware company?
A good Debt-to-Asset depends on the Hardware 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 Valmie Resources and its competitors. Valmie Resources's current Debt-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) has a current Debt-to-Asset of 0.00. The current Debt-to-Asset is 0.00. 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 Valmie Resources (VMRI), the current Debt-to-Asset is 0.00 as of Feb. 2017. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.