VF Alternative AD-Sofia (XBUL:VFAL) Debt-to-Equity : 0.11 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is VF Alternative AD-Sofia Debt-to-Equity?

VF Alternative AD-Sofia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was лв0.58 Mil. VF Alternative AD-Sofia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was лв0.00 Mil. VF Alternative AD-Sofia's Total Stockholders Equity for the quarter that ended in Mar. 2024 was лв5.49 Mil. VF Alternative AD-Sofia's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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 VF Alternative AD-Sofia's Debt-to-Equity or its related term are showing as below:

XBUL:VFAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.11
Current: 0.11

During the past 4 years, the highest Debt-to-Equity Ratio of VF Alternative AD-Sofia was 0.11. The lowest was 0.00. And the median was 0.05.

XBUL:VFAL's Debt-to-Equity is ranked better than
66.04% of 1013 companies
in the Asset Management industry
Industry Median: 0.19 vs XBUL:VFAL: 0.11

VF Alternative AD-Sofia Debt-to-Equity Historical Data

The historical data trend for VF Alternative AD-Sofia'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.

VF Alternative AD-Sofia Debt-to-Equity Chart

VF Alternative AD-Sofia Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.02

0.05

0.09

VF Alternative AD-Sofia Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										0.05	0.06	0.07	0.09	0.11

Competitive Comparison of VF Alternative AD-Sofia's Debt-to-Equity

For the Asset Management subindustry, VF Alternative AD-Sofia'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.

VF Alternative AD-Sofia's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, VF Alternative AD-Sofia's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where VF Alternative AD-Sofia's Debt-to-Equity falls into.

VF Alternative AD-Sofia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VF Alternative AD-Sofia's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(0.518	+	0)	/	5.561
	=	0.09

VF Alternative AD-Sofia's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.582	+	0)	/	5.487
	=	0.11

VF Alternative AD-Sofia (XBUL:VFAL) 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.

VF Alternative AD-Sofia Debt-to-Equity Related Terms

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

VF Alternative AD-Sofia (XBUL:VFAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VF Alternative AD-Sofia (XBUL:VFAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

193 Georgi South Rakovski Street, Entrance A, 1st floor, Apartment 2, Sofia, BGR

Website

http://www.vfalternative.com

VF Alternative AD-Sofia operates as an alternative investment funds company. The company is engaged in investment and commercial transactions, sale and redemption of stakes or shares, advisory services on investment and commercial transactions.

VF Alternative AD-Sofia (XBUL:VFAL) Headlines

No Headlines