Volatus Capital (XCNQ:VC) Debt-to-Asset : 0.02 (As of Oct. 2023)

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What is Volatus Capital Debt-to-Asset?

Volatus Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.11 Mil. Volatus Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Volatus Capital's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Oct. 2023 was C$5.10 Mil. Volatus Capital's debt to asset for the quarter that ended in Oct. 2023 was 0.02.

Volatus Capital Debt-to-Asset Historical Data

The historical data trend for Volatus Capital'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.

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Volatus Capital Debt-to-Asset Chart

Volatus Capital Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Debt-to-Asset

0.01

Volatus Capital Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Asset	Get a 7-Day Free Trial															0.01	-	-	-	0.02

Competitive Comparison of Volatus Capital's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Volatus Capital'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.

Volatus Capital's Debt-to-Asset Distribution in the Metals & Mining Industry

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

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

Volatus Capital Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Volatus Capital's Debt-to-Asset for the fiscal year that ended in Jan. 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
	=	(0.048	+	0)	/	10.685
	=	0.00

Volatus Capital's Debt-to-Asset for the quarter that ended in Oct. 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
	=	(0.11	+	0)	/	5.103
	=	0.02

Volatus Capital (XCNQ:VC) 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.

Volatus Capital Debt-to-Asset Related Terms

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Volatus Capital (XCNQ:VC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volatus Capital Corp (XCNQ:VC) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

VOY0:Germany

Address

733 Seymour Street, Suite 2900, PO Box 1, Vancouver Centre II, Vancouver, BC, CAN, V6B 0S6

Website

https://volatuscapitalcorp.com

Volatus Capital Corp is engaged in the business of acquiring and exploring mineral resource properties in Canada. The company holds an interest in the Sunset Copper Star Project and the Split Dome Copper Project. The Company has two operating segments: the exploration and evaluation assets in Canada and its investment in Leigh Creek Magnesite Proprietary Limited.

Executives

Martin Alexander Wurm

10% Security Holder