Vulcan Energy Resources (ASX:VUL) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

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What is Vulcan Energy Resources 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. Vulcan Energy Resources's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

Vulcan Energy Resources's long-term debt to total assets ratio declined from Jun. 2023 (0.01) to Jun. 2024 (0.01). It may suggest that Vulcan Energy Resources is progressively becoming less dependent on debt to grow their business.

Vulcan Energy Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vulcan Energy Resources'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.

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Vulcan Energy Resources LT-Debt-to-Total-Asset Chart

Vulcan Energy Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Dec23

LT-Debt-to-Total-Asset

0.01

Vulcan Energy Resources Semi-Annual Data
	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	0.01	0.01	0.01	0.01

Vulcan Energy Resources LT-Debt-to-Total-Asset Calculation

Vulcan Energy Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	5.417	/	483.689
	=	0.01

Vulcan Energy Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	4.857	/	503.474
	=	0.01

Vulcan Energy Resources (ASX:VUL) 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.

Vulcan Energy Resources LT-Debt-to-Total-Asset Related Terms

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Vulcan Energy Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vulcan Energy Resources Ltd (ASX:VUL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VULNF:USA VUL:Germany

Address

267 St Georges Terrace, Level 2, Perth, WA, AUS, 6000

Website

https://v-er.eu

Vulcan Energy Resources Ltd is engaged in decarbonizing the carbon production footprint of lithium-ion batteries used in electric vehicles by producing a lithium hydroxide monohydrate chemical product with zero carbon footprint. The group's combined geothermal energy and lithium resource has license areas focused on the Upper Rhine Valley in Germany. Vulcan's Zero Carbon Lithium Project uses renewable geothermal energy to power its lithium extraction process and create a renewable energy by-product that helps in decarbonizing the supply chain.

Executives

Rob Ierace	Chief Financial Officer
Vincent Ledoux Pedailles	Chief Commercial Officer
Mark Skelton	Member of the board of directors
Gavin Rezos	Chairman of the Board of Directors
Josephine Rachel Bush	Member of the board of directors

Vulcan Energy Resources Headlines

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