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Trigon Metals (TSXV:TM) Debt-to-Revenue : 0.09 (As of Dec. 2023)


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What is Trigon Metals Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Trigon Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.59 Mil. Trigon Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$2.11 Mil. Trigon Metals's annualized Revenue for the quarter that ended in Dec. 2023 was C$30.58 Mil. Trigon Metals's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.


Trigon Metals Debt-to-Revenue Historical Data

The historical data trend for Trigon Metals's Debt-to-Revenue 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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Trigon Metals Debt-to-Revenue Chart

Trigon Metals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A 0.21

Trigon Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Debt-to-Revenue 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 5.85 0.35 0.27 N/A 0.09

Competitive Comparison of Trigon Metals's Debt-to-Revenue

For the Copper subindustry, Trigon Metals's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Trigon Metals's Debt-to-Revenue Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Trigon Metals's Debt-to-Revenue falls into.



Trigon Metals Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Trigon Metals's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.088 + 0.179) / 1.299
=0.21

Trigon Metals's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.59 + 2.109) / 30.576
=0.09

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Trigon Metals Debt-to-Revenue Related Terms

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Trigon Metals (TSXV:TM) Business Description

Traded in Other Exchanges
Address
130 Queens Quay East, Suite 1224, Toronto, ON, CAN, M5A 0P6
Trigon Metals Inc is an emerging copper and silver producer in the African continent. Trigon operates through the development of its Namibian mining and exploration permits. The company's projects include Kombat Mine and Gross Otavi in Namibia and the newly Silver Hill copper-silver exploration project in Morocco.
Executives
Larisa Sprott Director