Volatus Capital (XCNQ:VC) LT-Debt-to-Total-Asset : 0.54 (As of Jul. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Volatus Capital 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. Volatus Capital's long-term debt to total assests ratio for the quarter that ended in Jul. 2024 was 0.54.

Volatus Capital's long-term debt to total assets ratio increased from Jul. 2023 (0.00) to Jul. 2024 (0.54). It may suggest that Volatus Capital is progressively becoming more dependent on debt to grow their business.

Volatus Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for Volatus Capital'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.

Volatus Capital LT-Debt-to-Total-Asset Chart

Volatus Capital Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.46

Volatus Capital Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.46	0.44	0.54

Volatus Capital LT-Debt-to-Total-Asset Calculation

Volatus Capital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	0.085	/	0.185
	=

Volatus Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (Q: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2024 )	/	Total Assets (Q: Jul. 2024 )
	=	0.126	/	0.232
	=

Volatus Capital (XCNQ:VC) 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.

Volatus Capital LT-Debt-to-Total-Asset Related Terms

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

Volatus Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volatus Capital Corp (XCNQ:VC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VOY0:Germany

Address

733 Seymour Street, Suite 2900, PO Box 1, Vancouver Centre II, Vancouver, BC, CAN, V6B 0S6

Website

https://volatuscapitalcorp.com

Volatus Capital Corp is engaged in the business of acquiring and exploring mineral resource properties in Canada. The company holds an interest in the Sunset Copper Star Project and the Split Dome Copper Project. The Company has two operating segments: the exploration and evaluation assets in Canada and its investment in Leigh Creek Magnesite Proprietary Limited.

Executives

Emma Fairhurst	10% Security Holder
Christopher Andrew Reynolds	Director, Senior Officer
Crest Resources Inc.	10% Security Holder
Damien Edward Reynolds	10% Security Holder
Martin Alexander Wurm	10% Security Holder