Verde Resources (Verde Resources) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is Verde Resources Debt-to-Equity?

Verde Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.42 Mil. Verde Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.14 Mil. Verde Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $36.12 Mil. Verde Resources's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Verde Resources's Debt-to-Equity or its related term are showing as below:

VRDR' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.22 Med: 0 Max: 1.34
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Verde Resources was 1.34. The lowest was -0.22. And the median was 0.00.

VRDR's Debt-to-Equity is ranked better than
90.7% of 215 companies
in the Agriculture industry
Industry Median: 0.37 vs VRDR: 0.04

Verde Resources Debt-to-Equity Historical Data

The historical data trend for Verde Resources's Debt-to-Equity 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.

Verde Resources Debt-to-Equity Chart

Verde Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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1.02

1.32

0.04

Verde Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.04

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

For the Agricultural Inputs subindustry, Verde 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.

Verde Resources's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Verde Resources's Debt-to-Equity distribution charts can be found below:

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

Verde Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.384	+	1.126)	/	36.221
	=	0.04

Verde Resources's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.419	+	1.14)	/	36.118
	=	0.04

Verde Resources (OTCPK:VRDR) 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.

Verde Resources Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Verde Resources's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Verde Resources (Verde Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Verde Resources Inc (OTCPK:VRDR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Cityplace Drive, Suite 200, St. Louis, MO, USA, 63141

Website

https://www.verderesources.com

Verde Resources Inc operates is a US-based company. The Company currently is engaged in the production and distribution of renewable commodities, distribution of THC-free cannabinoid (CBD) products, and real property holding. The company has four operating segments, Distribution of THC-free cannabinoid (CBD) products; Production and distribution of renewable commodities; Holding of real property; and Licensor of proprietary pyrolysis technology.

Executives

Oil Berhad Borneo	10 percent owner	1ST AND 2ND FLOOR, VICTORIA POINT,, JALAN OKK AWANG BESAR, W. P. LABUAN N8 87007
Borneo Oil & Gas Corp Sdn Bhd	10 percent owner	17TH FLOOR, MENARA HAP SENG, NO. 1 & 3, JALAN P. RAMLEE, KUALA LUMPUR N8 50250
Ming Ding Wu	director, 10 percent owner, officer: President	UNIT 1503, 15/F, THE PHOENIX, 21-25 LUARD ROAD, WANCHAI, HONG KONG K3 00000
All Fine Holdings Ltd	10 percent owner	UNIT 1503, 15/F., THE PHOENIX, 21-25 LUARD ROAD, WANCHAI, HONG KONG K3 00000
Michael Stiege	director, 10 percent owner	905 VENTURE WAY, MILL VALLEY CA 94941
Stephen Spalding	director, 10 percent owner, officer: Pres., CEO, Tres., Sec.	905 VENTURE WAY, MILL VALLEY CA 94941
Kukulcan Diversified Corp.	10 percent owner	PO BOX 1405, LOS ALTOS CA 94023