Victory Metals (ASX:VTM) Debt-to-Equity : 0.00 (As of Dec. 2024)

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What is Victory Metals Debt-to-Equity?

Victory Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Victory Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Victory Metals's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$14.50 Mil. Victory Metals's debt to equity for the quarter that ended in Dec. 2024 was 0.00.

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 Victory Metals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Victory Metals was 0.13. The lowest was 0.11. And the median was 0.12.

ASX:VTM's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Victory Metals Debt-to-Equity Historical Data

The historical data trend for Victory Metals'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.

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Victory Metals Debt-to-Equity Chart

Victory Metals Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun22

Jun23

Jun24

Debt-to-Equity

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-0.95

0.11

Victory Metals Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Victory Metals's Debt-to-Equity

For the Gold subindustry, Victory Metals'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.

Victory Metals's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Victory Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Victory Metals'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
	=	(0	+	0)	/	10.486
	=	0.00

Victory Metals's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	14.496
	=	0.00

Victory Metals (ASX:VTM) 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.

Victory Metals Debt-to-Equity Related Terms

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

Victory Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Victory Metals Ltd (ASX:VTM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

295 Rokeby Road, Suite 1, Subiaco, Perth, WA, AUS, 6008

Website

https://www.victorymetalsaustralia.com

Victory Metals Ltd is an Australian-listed mineral exploration company. The project portfolio of the company includes Coodardy, Emily Wells, Eagle Hawk, Tuckanarra (Nemesis), Klondyke, Mafeking, Buttercup, and others.

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