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Vertex Resource Group (TSXV:VTX) Equity-to-Asset : 0.28 (As of Dec. 2024)


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What is Vertex Resource Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vertex Resource Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$60.0 Mil. Vertex Resource Group's Total Assets for the quarter that ended in Dec. 2024 was C$217.5 Mil. Therefore, Vertex Resource Group's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.28.

The historical rank and industry rank for Vertex Resource Group's Equity-to-Asset or its related term are showing as below:

TSXV:VTX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.32   Max: 0.98
Current: 0.28

During the past 11 years, the highest Equity to Asset Ratio of Vertex Resource Group was 0.98. The lowest was 0.25. And the median was 0.32.

TSXV:VTX's Equity-to-Asset is ranked worse than
80.4% of 250 companies
in the Waste Management industry
Industry Median: 0.45 vs TSXV:VTX: 0.28

Vertex Resource Group Equity-to-Asset Historical Data

The historical data trend for Vertex Resource Group's Equity-to-Asset 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.

Vertex Resource Group Equity-to-Asset Chart

Vertex Resource Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.27 0.25 0.27 0.28

Vertex Resource Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Equity-to-Asset 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 0.27 0.27 0.27 0.28 0.28

Competitive Comparison of Vertex Resource Group's Equity-to-Asset

For the Waste Management subindustry, Vertex Resource Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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's Equity-to-Asset Distribution in the Waste Management Industry

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

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


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Vertex Resource Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Vertex Resource Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=60/217.456
=0.28

Vertex Resource Group's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=60/217.456
=0.28

* 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  (TSXV:VTX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Vertex Resource Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Vertex Resource Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Vertex Resource Group Business Description

Traded in Other Exchanges
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. The Company serves a diverse customer base operating in industries including energy, mining, utilities, private development, public infrastructure, telecommunications, forestry, agriculture, and government. It has two reportable segments: environmental services and engineering and environmental consulting services.
Executives
Sherry Ann Bielopotocky Senior Officer
Paul Douglas Blenkhorn Senior Officer
Howard Lynn Start Senior Officer
Derek Jon Proctor Deemed Insider - 6 Months before becoming Insider
Terry Allan Stephenson 10% Security Holder, Director, Senior Officer
32 Degrees Capital Advisor Ltd. 10 percent owner
Christopher Challis Senior Officer
Jason John Clemett 10% Security Holder
Deon Walsh Senior Officer
Imran Ashbeen Ally Senior Officer
Michael Milan Zvonkovic Senior Officer

Vertex Resource Group Headlines

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