VDM Group (ASX:VMG) Debt-to-Equity: -0.80 (As of Jun. 2024)

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What is VDM Group Debt-to-Equity?

VDM Group ASX:VMG Debt-to-Equity is -0.80 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$0.00 Mil. VDM Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$-15.63 Mil. VDM Group's debt to equity for the quarter that ended in Jun. 2024 was -0.80.

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 VDM Group's Debt-to-Equity or its related term are showing as below:

ASX:VMG's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

VDM Group  (ASX:VMG) 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.

VDM Group Debt-to-Equity Related Terms

VDM Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for VDM Group'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.

VDM Group Debt-to-Equity Chart

VDM Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.10 9.64 32.40 -0.81 -0.80

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-Equity 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 32.40 -10.42 -0.81 -0.80 -0.80

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

For the Engineering & Construction subindustry, VDM Group'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.

VDM Group Debt-to-Equity vs Construction Industry

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

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


VDM Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VDM Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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
=(12.511 + 0) / -15.632
=-0.80

VDM Group's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
=(12.511 + 0) / -15.632
=-0.80

* 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-Equity →
What does a Debt-to-Equity of -0.80 mean?
VDM Group (ASX:VMG) has a Debt-to-Equity of -0.80 as of Jun. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on VDM Group and its competitors.
Is VDM Group's Debt-to-Equity too high?
VDM Group's current Debt-to-Equity is -0.80.
How does VDM Group's Debt-to-Equity compare to PWR and J?
VDM Group's Debt-to-Equity of -0.80 can be compared against companies in the Construction industry. The industry median Debt-to-Equity is 0.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,611 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on VDM Group and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VDM Group's current Debt-to-Equity is -0.80. 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-Equity of -0.80. The current Debt-to-Equity is -0.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For VDM Group (ASX:VMG), the current Debt-to-Equity is -0.80 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.