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Voyager Metals (Voyager Metals) Equity-to-Asset : 0.27 (As of Nov. 2022)


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What is Voyager Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Voyager Metals's Total Stockholders Equity for the quarter that ended in Nov. 2022 was $2.61 Mil. Voyager Metals's Total Assets for the quarter that ended in Nov. 2022 was $9.74 Mil.

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

VDMRF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.18   Med: 0.91   Max: 1
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Voyager Metals was 1.00. The lowest was -0.18. And the median was 0.91.

VDMRF's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.8 vs VDMRF: 0.27

Voyager Metals Equity-to-Asset Historical Data

The historical data trend for Voyager Metals'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.

Voyager Metals Equity-to-Asset Chart

Voyager Metals Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.91 0.90 0.87 0.53

Voyager Metals Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 0.61 0.53 0.48 0.34 0.27

Competitive Comparison of Voyager Metals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Voyager Metals'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.


Voyager Metals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Voyager Metals's Equity-to-Asset falls into.



Voyager Metals 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.

Voyager Metals's Equity to Asset Ratio for the fiscal year that ended in Feb. 2022 is calculated as

Equity to Asset (A: Feb. 2022 )=Total Stockholders Equity/Total Assets
=4.332/8.249
=

Voyager Metals's Equity to Asset Ratio for the quarter that ended in Nov. 2022 is calculated as

Equity to Asset (Q: Nov. 2022 )=Total Stockholders Equity/Total Assets
=2.608/9.735
=

* 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.


Voyager Metals  (OTCPK:VDMRF) 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%.


Voyager Metals Equity-to-Asset Related Terms

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


Voyager Metals (Voyager Metals) Business Description

Traded in Other Exchanges
N/A
Address
200 Bay Street, Suite 3205, Toronto, ON, CAN, M5J 2J2
Voyager Metals Inc, formerly Vanadium One Iron Corp is engaged in the exploration of its properties for base metals and precious metals in Canada. Some of the projects of the company are Mont Sorcier Iron ore property and Clinton Manganese Property. It has one business segment Iron Ore Exploration in Canada.