VCIGF (Vitreous Glass) Debt-to-Equity: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VCIGF Vitreous Glass Inc VCIGF
79 GF Score
Price $4.97
GF Value $6.05
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Vitreous Glass Debt-to-Equity?

Vitreous Glass VCIGF 79 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates VCIGF with a GF Score™ of 79/100 and a GF Value™ of $6.05 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 215 Waste Management companies, Vitreous Glass ranks worse than 465115.81% on this metric.

Vitreous Glass's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Vitreous Glass's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Vitreous Glass's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $3.86 Mil. Vitreous Glass's debt to equity for the quarter that ended in Mar. 2026 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 Vitreous Glass's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Vitreous Glass was 0.04. The lowest was 0.01. And the median was 0.02.

VCIGF's Debt-to-Equity is not ranked *
in the Waste Management industry.
Industry Median: 0.6
* Ranked among companies with meaningful Debt-to-Equity only.

Vitreous Glass  (OTCPK:VCIGF) 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.


Vitreous Glass Debt-to-Equity Related Terms


Vitreous Glass Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Vitreous Glass'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.

Vitreous Glass Debt-to-Equity Chart

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.02 0.02 0.00

Vitreous Glass Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

VCIGF vs WM, RSG, WCN: Debt-to-Equity Comparison

For the Waste Management subindustry, Vitreous Glass'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.


Vitreous Glass Debt-to-Equity vs Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's Debt-to-Equity distribution charts can be found below:

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


VCIGF
79GF Score
Vitreous Glass Inc VCIGF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vitreous Glass Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vitreous Glass's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Vitreous Glass's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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 0.00 mean?
Vitreous Glass (VCIGF) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vitreous Glass and its competitors. Over the past decade, Vitreous Glass' Debt-to-Equity has ranged from 0.01 to 0.04. According to the industry distribution chart, Vitreous Glass ranks #999999 out of 215 companies in the Waste Management industry.
Is Vitreous Glass' Debt-to-Equity too high?
Vitreous Glass' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.04. Based on the distribution chart, Vitreous Glass ranks #999999 out of 215 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Vitreous Glass has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitreous Glass' Debt-to-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Vitreous Glass ranks #999999 out of 215 companies for Debt-to-Equity. This places Vitreous Glass in the lower half of its industry. The industry median Debt-to-Equity is 0.60. Historically, Vitreous Glass' own Debt-to-Equity has ranged from 0.01 to 0.04 over the past decade. 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 Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.60, based on 215 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 Vitreous Glass and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitreous Glass's current Debt-to-Equity 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 Vitreous Glass stock overvalued right now?
Based on GuruFocus' analysis, Vitreous Glass (VCIGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.05, compared to a current price of $4.97 — trading 17.9% below its estimated fair value. The current Debt-to-Equity is 0.00. Vitreous Glass' overall GF Score™ is 79/100 with 2 warning signs to review. 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 Vitreous Glass (VCIGF), the current Debt-to-Equity is 0.00 as of Mar. 2026. 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.

Is Vitreous Glass (VCIGF) Overvalued in 2026?

Based on GuruFocus' analysis, Vitreous Glass stock appears to be undervalued. The current stock price of $4.97 is trading 17.9% below its estimated GF Value™ of $6.05. GuruFocus considers Vitreous Glass to be Modestly Undervalued.

Key valuation signals for VCIGF:

  • Debt-to-Equity: 0.00
  • GF Value™: $6.05 vs. price of $4.97 (17.9% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the VCIGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vitreous Glass Business Description

Other Exchanges VCI:Canada
Address 212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass into sand and then this sand is sold to fiberglass insulation manufacturers as furnace-ready cullet for use in their production facilities. The sole source of revenue of the company is generated by providing crushed glass to its customers.
79GF Score

Get the complete analysis for VCIGF

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.97
Price
$6.05
GF Value