VRX Silica (ASX:VRX) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is VRX Silica LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. VRX Silica's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

VRX Silica's long-term debt to total assets ratio declined from Dec. 2022 (0.02) to Dec. 2023 (0.02). It may suggest that VRX Silica is progressively becoming less dependent on debt to grow their business.

VRX Silica LT-Debt-to-Total-Asset Historical Data

The historical data trend for VRX Silica's LT-Debt-to-Total-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.

VRX Silica LT-Debt-to-Total-Asset Chart

VRX Silica Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.02

0.01

VRX Silica Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.02	0.02	0.02	0.01

VRX Silica LT-Debt-to-Total-Asset Calculation

VRX Silica's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	0.247	/	19.171
	=

VRX Silica's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.294	/	19.067
	=

VRX Silica (ASX:VRX) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

VRX Silica LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of VRX Silica's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

VRX Silica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » VRX Silica Ltd (ASX:VRX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

52 Kings Park Road, Ground Floor, West Perth, WA, AUS, 6005

Website

https://www.vrxsilica.com.au

VRX Silica Ltd is engaged in the exploration and evaluation of mineral properties in Australia. Its projects include the Arrowsmith Silica Sand project, Muchea Silica Sand project, Boyatup Silica Sand project, and Biranup project. The Group has organized its operations into two reportable segments: Development assets and Exploration and evaluation assets, which includes assets that are associated with the determination and assessment of the existence of commercial economic reserves.

VRX Silica Headlines

No Headlines