VCYE (Velocity Energy) LT-Debt-to-Total-Asset: 0.00 (As of Jun. 2009)


What is Velocity Energy LT-Debt-to-Total-Asset?

Velocity Energy VCYE LT-Debt-to-Total-Asset is 0.00 as of Jun. 2009.

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. Velocity Energy's long-term debt to total assests ratio for the quarter that ended in Jun. 2009 was 0.00.

Velocity Energy's long-term debt to total assets ratio declined from Jun. 2008 (0.46) to Jun. 2009 (0.00). It may suggest that Velocity Energy is progressively becoming less dependent on debt to grow their business.

Velocity Energy  (OTCPK:VCYE) 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.

Velocity Energy LT-Debt-to-Total-Asset Related Terms

Velocity Energy LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Velocity Energy'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.

Velocity Energy LT-Debt-to-Total-Asset Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
LT-Debt-to-Total-Asset
0.00 0.00 0.70 0.73

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
LT-Debt-to-Total-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 0.46 0.50 0.73 1.04 0.00

Velocity Energy LT-Debt-to-Total-Asset Calculation

Velocity Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

LT Debt to Total Assets (A: Dec. 2008 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2008 )/Total Assets (A: Dec. 2008 )
=9.099/12.466
=0.73

Velocity Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2009 is calculated as

LT Debt to Total Assets (Q: Jun. 2009 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2009 )/Total Assets (Q: Jun. 2009 )
=0/8.272
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Velocity Energy (VCYE) has a LT-Debt-to-Total-Asset of 0.00 as of Jun. 2009. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Velocity Energy and its competitors.
Is Velocity Energy's LT-Debt-to-Total-Asset too high?
Velocity Energy's current LT-Debt-to-Total-Asset is 0.00.
How does Velocity Energy's LT-Debt-to-Total-Asset compare to TGC and EVEPQ?
Velocity Energy's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Oil & Gas company?
A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Velocity Energy and its competitors. Velocity Energy's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velocity Energy stock overvalued right now?
Velocity Energy (VCYE) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Velocity Energy (VCYE), the current LT-Debt-to-Total-Asset is 0.00 as of Jun. 2009. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Velocity Energy Business Description

Industry EnergyOil & Gas
Address 523 North Sam Houston Parkway East, Suite 175, Houston, TX, USA, 77060
Velocity Energy Inc is an oil and gas exploration and production company. It is engaged in the acquisition, development, exploration and production of natural gas and oil.