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Vulcan Minerals (Vulcan Minerals) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Vulcan Minerals Debt-to-Equity?

Vulcan Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Vulcan Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Vulcan Minerals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $32.17 Mil. Vulcan Minerals's debt to equity for the quarter that ended in Mar. 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 Vulcan Minerals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Vulcan Minerals was 0.04. The lowest was 0.00. And the median was 0.00.

VULMF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Vulcan Minerals Debt-to-Equity Historical Data

The historical data trend for Vulcan Minerals'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.

* Premium members only.

Vulcan Minerals Debt-to-Equity Chart

Vulcan Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Vulcan Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Vulcan Minerals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Vulcan Minerals'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.


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

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

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



Vulcan Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vulcan Minerals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Vulcan Minerals's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Vulcan Minerals  (OTCPK:VULMF) 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.


Vulcan Minerals Debt-to-Equity Related Terms

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


Vulcan Minerals (Vulcan Minerals) Business Description

Traded in Other Exchanges
Address
333 Duckworth Street, St. John's, NL, CAN, A1C 1G9
Vulcan Minerals Inc is a Canada-based mineral exploration company. It is engaged in the evaluation, acquisition, and exploration of minerals in Newfoundland and Labrador. Some of the projects in which the company holds an interest are the Springdale Project, Red Cross Lake Project, and the Central Newfoundland gold project.

Vulcan Minerals (Vulcan Minerals) Headlines

From GuruFocus

Vulcan Minerals Inc. Options Out Gander Gold Project

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