Vantex Resources (TSXV:VAX) Debt-to-Equity : 0.01 (As of Oct. 2023)

Vantex Resources Debt-to-Equity Chart

Vantex Resources Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Debt-to-Equity		Get a 7-Day Free Trial					-	0.01	0.01	0.01	0.01

Vantex Resources Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Vantex Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Vantex Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vantex Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vantex Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vantex Resources's Debt-to-Equity falls into.

Vantex Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vantex Resources's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Vantex Resources's Debt to Equity Ratio for the quarter that ended in Oct. 2023 is calculated as

* 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.

Vantex Resources  (TSXV:VAX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Vantex Resources Debt-to-Equity Related Terms

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Vantex Resources (TSXV:VAX) Business Description