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Troy Resources (HAM:TRW) Debt-to-Equity : -0.71 (As of Dec. 2021)


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What is Troy Resources Debt-to-Equity?

Troy Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was €0.19 Mil. Troy Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was €7.48 Mil. Troy Resources's Total Stockholders Equity for the quarter that ended in Dec. 2021 was €-10.85 Mil. Troy Resources's debt to equity for the quarter that ended in Dec. 2021 was -0.71.

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 Troy Resources's Debt-to-Equity or its related term are showing as below:

HAM:TRW's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Troy Resources Debt-to-Equity Historical Data

The historical data trend for Troy 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.

Troy Resources Debt-to-Equity Chart

Troy Resources Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.24 0.08 9.12 -0.71

Troy Resources Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 9.12 -4.06 -0.71 -0.71

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

For the Gold subindustry, Troy 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.


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

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

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



Troy Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Troy Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 2021 is calculated as

Troy Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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.


Troy Resources  (HAM:TRW) 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.


Troy Resources Debt-to-Equity Related Terms

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


Troy Resources (HAM:TRW) Business Description

Traded in Other Exchanges
N/A
Address
5 Ord Street, Level 2, West Perth, Perth, WA, AUS, 6005
Troy Resources Ltd is a Canada based junior mineral exploration company. It focuses on the exploration of gold, silver, nickel and other minerals. Its primary mining project is the Karouni which is located in Guyana.

Troy Resources (HAM:TRW) Headlines

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