VMRI (Valmie Resources) LT-Debt-to-Total-Asset: 0.00 (As of Feb. 2017)


What is Valmie Resources LT-Debt-to-Total-Asset?

Valmie Resources VMRI -99.00% LT-Debt-to-Total-Asset is 0.00 as of Feb. 2017.

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. Valmie Resources's long-term debt to total assests ratio for the quarter that ended in Feb. 2017 was 0.00.

Valmie Resources's long-term debt to total assets ratio declined from Feb. 2016 (3.05) to Feb. 2017 (0.00). It may suggest that Valmie Resources is progressively becoming less dependent on debt to grow their business.

Valmie Resources  (OTCPK:VMRI) 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.

Valmie Resources LT-Debt-to-Total-Asset Related Terms

Valmie Resources LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Valmie 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.

Valmie Resources LT-Debt-to-Total-Asset Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 5.23 1.88 0.00

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.05 0.24 0.00 0.00 0.00

Valmie Resources LT-Debt-to-Total-Asset Calculation

Valmie Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2016 is calculated as

LT Debt to Total Assets (A: Nov. 2016 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2016 )/Total Assets (A: Nov. 2016 )
=0/0.437
=

Valmie Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2017 is calculated as

LT Debt to Total Assets (Q: Feb. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2017 )/Total Assets (Q: Feb. 2017 )
=0/0.507
=

* 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?
Valmie Resources (VMRI) has a LT-Debt-to-Total-Asset of 0.00 as of Feb. 2017. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Valmie Resources and its competitors.
Is Valmie Resources' LT-Debt-to-Total-Asset too high?
Valmie Resources' current LT-Debt-to-Total-Asset is 0.00.
How does Valmie Resources' LT-Debt-to-Total-Asset compare to CRTG and SFIV?
Valmie Resources' LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Hardware 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 a Hardware company?
A good LT-Debt-to-Total-Asset depends on the Hardware 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 Valmie Resources and its competitors. Valmie Resources'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 Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) 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 Valmie Resources (VMRI), the current LT-Debt-to-Total-Asset is 0.00 as of Feb. 2017. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.