Verde Resources (VRDR) Debt Ratio (2013 - 2024)
Verde Resources (VRDR) recorded quarterly Debt Ratio of 0.01 in Q2 2024, down 91.57% on a QoQ basis from 0.17 in Q1 2024, and up 17.16% year-over-year from 0.01 in Q3 2023.
Verde Resources (VRDR) Debt Ratio (2013 - 2024) Analysis & Trends
Verde Resources has disclosed Debt Ratio across 12 years of filings, most recently posting 0.01 for Q2 2024.
- Quarterly Debt Ratio rose 17.16% year-over-year to 0.01 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 0.01 (up 17.16% YoY) and the FY2024 annual result came in at 0.01, up 17.16% from the prior year.
- Debt Ratio declined to 0.01 in Q2 2024, from 0.17 in the prior quarter.
- Over five years, Debt Ratio peaked at 21.31 in Q3 2020 and troughed at 0.0 in Q4 2022.
- A 5-year average of 5.4 and a median of 0.45 in 2023 frame the typical range for Debt Ratio.
- Biggest YoY gain for Debt Ratio was 167185.58% in 2023; the steepest drop was 99.27% in 2023.
- Tracing VRDR's Debt Ratio over 5 years: stood at 21.31 in 2020, then slumped by 99.92% to 0.02 in 2021, then sank by 90.78% to 0.0 in 2022, then jumped by 167185.58% to 2.77 in 2023, then sank by 99.47% to 0.01 in 2024.
- Business Quant data shows VRDR's Debt Ratio at 0.01 in Q2 2024, 0.17 in Q1 2024, and 2.77 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Nutrien | 32,340,670.53 Bn | 32,340,669.70 Bn | 1.65 Bn | 0.21 |
| 2 | Corteva | 52.38 Bn | 48.09 Bn | 1.66 Bn | 0.06 |
| 3 | CF Industries Holdings | 17.50 Bn | 18.37 Bn | 746.00 Mn | 0.22 |
| 4 | Mosaic | 7.06 Bn | 6.93 Bn | 235.60 Mn | 0.18 |
| 5 | Scotts Miracle-Gro | 3.34 Bn | 3.34 Bn | 610.50 Mn | 0.69 |
| 6 | Fmc | 1.46 Bn | 1.10 Bn | 246.60 Mn | 0.48 |
| 7 | Cvr Partners | 1.25 Bn | 1.13 Bn | 116.84 Mn | 0.56 |
| 8 | Intrepid Potash | 459.41 Mn | 453.51 Mn | 17.67 Mn | - |
| 9 | American Vanguard | 76.21 Mn | 5.29 Mn | 38.42 Mn | 0.40 |
| 10 | Verde Resources | - | - | 163,912.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 0.01 |
| Mar 31, 2024 | 0.17 |
| Dec 31, 2023 | 2.77 |
| Sep 30, 2023 | 0.00 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.56 |
| Dec 31, 2021 | 0.02 |
| Jun 30, 2021 | 0.52 |
| Mar 31, 2021 | 17.11 |
| Sep 30, 2020 | 21.31 |
| Jun 30, 2020 | 15.41 |
| Mar 31, 2020 | 17.32 |
| Dec 31, 2019 | 10.32 |
| Sep 30, 2019 | 34.45 |
| Jun 30, 2019 | 50.93 |
| Mar 31, 2019 | 0.07 |
| Dec 31, 2018 | 38.94 |
| Sep 30, 2018 | 13.38 |