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Vertex Minerals (ASX:VTX) Debt-to-Revenue : 1.67 (As of Dec. 2023)


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What is Vertex Minerals Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Vertex Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.06 Mil. Vertex Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.12 Mil. Vertex Minerals's annualized Revenue for the quarter that ended in Dec. 2023 was A$0.11 Mil. Vertex Minerals's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 1.67.


Vertex Minerals Debt-to-Revenue Historical Data

The historical data trend for Vertex Minerals's Debt-to-Revenue 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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Vertex Minerals Debt-to-Revenue Chart

Vertex Minerals Annual Data
Trend Jun22 Jun23 Jun24
Debt-to-Revenue
N/A N/A N/A

Vertex Minerals Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Revenue N/A N/A N/A 1.67 N/A

Competitive Comparison of Vertex Minerals's Debt-to-Revenue

For the Gold subindustry, Vertex Minerals's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Minerals's Debt-to-Revenue Distribution in the Metals & Mining Industry

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

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



Vertex Minerals Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Vertex Minerals's Debt-to-Revenue for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.16 + 0.222) / N/A
=N/A

Vertex Minerals's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.062 + 0.115) / 0.106
=1.67

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


Vertex Minerals Debt-to-Revenue Related Terms

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Vertex Minerals Business Description

Traded in Other Exchanges
N/A
Address
460 Stirling Highway, Unit 38, Peppermint Grove, WA, AUS, 6011
Vertex Minerals Ltd is a mineral exploration and development company. It explores for gold. The Company is organised into one operating segment, being mining and exploration operations. The principal products and services of this operating segment are the mining and exploration operations predominately in Australia.

Vertex Minerals Headlines

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