VTXGF (Vertex Resource Group) Debt-to-Equity: 2.38 (As of Mar. 2026) — 21% Above Median

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VTXGF Vertex Resource Group Ltd VTXGF
50 GF Score
Price $0.13
GF Value $0.20
! 5 Warning Signs
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What is Vertex Resource Group Debt-to-Equity?

Vertex Resource Group VTXGF 50 Debt-to-Equity is 2.38 as of Mar. 2026, which is 21% above its 10-year median of 1.96. GuruFocus rates VTXGF with a GF Score™ of 50/100 and a GF Value™ of $0.20. The stock has 5 warning signs investors should review. Among 216 Waste Management companies, Vertex Resource Group ranks worse than 97.22% on this metric.

Vertex Resource Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $14.9 Mil. Vertex Resource Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $62.8 Mil. Vertex Resource Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $32.7 Mil. Vertex Resource Group's debt to equity for the quarter that ended in Mar. 2026 was 2.37.

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

VTXGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95   Med: 1.96   Max: 2.38
Current: 2.38

During the past 12 years, the highest Debt-to-Equity Ratio of Vertex Resource Group was 2.38. The lowest was 0.95. And the median was 1.96.

VTXGF's Debt-to-Equity is ranked worse than
97.22% of 216 companies
in the Waste Management industry
Industry Median: 0.595 vs VTXGF: 2.38

Vertex Resource Group  (OTCPK:VTXGF) 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.


Vertex Resource Group Debt-to-Equity Related Terms


Vertex Resource Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Vertex Resource 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.

Vertex Resource Group Debt-to-Equity Chart

Vertex Resource Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 2.11 2.00 2.06 2.38

Vertex Resource Group 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 1.95 2.00 2.08 2.38 2.38

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

For the Waste Management subindustry, Vertex Resource 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.


Vertex Resource Group Debt-to-Equity vs Waste Management Industry

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

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


VTXGF
50GF Score
Vertex Resource Group Ltd VTXGF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Vertex Resource Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vertex Resource Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Vertex Resource Group'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 2.38 mean?
Vertex Resource Group (VTXGF) has a Debt-to-Equity of 2.38 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vertex Resource Group and its competitors. This is 21% above median its historical median of 1.96. Over the past decade, Vertex Resource Group's Debt-to-Equity has ranged from 0.95 to 2.38. According to the industry distribution chart, Vertex Resource Group ranks #210 out of 216 companies in the Waste Management industry, placing it in the top 97.2%.
Is Vertex Resource Group's Debt-to-Equity too high?
Vertex Resource Group's current Debt-to-Equity of 2.38 is 21% above median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 2.38. The Waste Management industry median Debt-to-Equity is 0.60. Vertex Resource Group's value of 2.38 is 300% above this industry median. Based on the distribution chart, Vertex Resource Group ranks #210 out of 216 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Vertex Resource Group has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Vertex Resource Group's Debt-to-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Vertex Resource Group ranks #210 out of 216 companies for Debt-to-Equity. This places Vertex Resource Group in the lower half of its industry. The industry median Debt-to-Equity is 0.60. Vertex Resource Group's value of 2.38 is 300% above this benchmark. Historically, Vertex Resource Group's own Debt-to-Equity has ranged from 0.95 to 2.38 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 0.60, Vertex Resource Group has consistently been above the industry average. 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 216 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. Vertex Resource Group's current Debt-to-Equity of 2.38 is 300% above the industry median. 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 Vertex Resource Group 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. Vertex Resource Group's current Debt-to-Equity is 2.38, which is 21% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertex Resource Group stock overvalued right now?
Vertex Resource Group (VTXGF) has a current Debt-to-Equity of 2.38. The stock's GF Value™ is $0.20, compared to a current price of $0.13 — trading 35% below its estimated fair value. The current Debt-to-Equity is 2.38, which is 21% above median its 10-year median of 1.96 and 300% above the Waste Management industry median of 0.60. Vertex Resource Group's overall GF Score™ is 50/100 with 5 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 Vertex Resource Group (VTXGF), the current Debt-to-Equity is 2.38 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 Vertex Resource Group (VTXGF) Overvalued in 2026?

Based on GuruFocus' analysis, Vertex Resource Group stock appears to be undervalued. The current stock price of $0.13 is trading 35% below its estimated GF Value™ of $0.20.

Key valuation signals for VTXGF:

  • Debt-to-Equity: 2.38 (21% above median its 10-year median of 1.96)
  • GF Value™: $0.20 vs. price of $0.13 (35% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 300% above the Waste Management median (#210 of 216)

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


Vertex Resource Group Business Description

Other Exchanges VTX:Canada
Address 161, 2055 Premier Way, Sherwood Park, AB, CAN, T8H 0G2
Vertex Resource Group Ltd provides environmental consulting and support services to a diverse clientele across Canada and in select locations in the United States. It has two reportable segments: Environmental Consulting and Environmental Services. The majority of the company's revenue is generated from the Environmental Services segment, which consists of a variety of services related to transportation; removal, storage and disposal of materials; and maintenance of facilities, in an environmentally safe manner. Services offered in this segment include fluid management and logistics, waste and recycling, industrial cleaning and maintenance, hydro-excavating, and site services for various industries, including energy, telecommunications, public sector, utilities, mining, and agriculture.
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.13
Price
$0.20
GF Value