Vortex Energy (XCNQ:VRTX) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Vortex Energy 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. Vortex Energy's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Vortex Energy's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

The historical data trend for Vortex 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.

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

Vortex Energy Annual Data

Trend

Jun22

Jun23

LT-Debt-to-Total-Asset

Vortex Energy Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				-	-	-	-	-

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

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

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	0	/	9.143
	=

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0	/	12.265
	=

Vortex Energy (XCNQ:VRTX) 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.

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Vortex Energy (XCNQ:VRTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vortex Energy Corp (XCNQ:VRTX) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

VTECF:USA AA3:Germany

Address

1177 West Hastings Street, Suite 1930, Vancouver, BC, CAN, V6E 4T5

Website

Vortex Energy Corp is engaged in the acquisition, exploration, staking, and evaluation of the green energy and/or mineral exploration sector. natural resource properties in North America.

Executives