Troilus Gold (Troilus Gold) Debt-to-Equity : 0.06 (As of Oct. 2023)

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What is Troilus Gold Debt-to-Equity?

Troilus Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.45 Mil. Troilus Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.24 Mil. Troilus Gold's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $11.43 Mil. Troilus Gold's debt to equity for the quarter that ended in Oct. 2023 was 0.06.

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 Troilus Gold's Debt-to-Equity or its related term are showing as below:

CHXMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.36
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Troilus Gold was 0.36. The lowest was 0.02. And the median was 0.06.

CHXMF's Debt-to-Equity is ranked better than
63.41% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs CHXMF: 0.06

Troilus Gold Debt-to-Equity Historical Data

The historical data trend for Troilus Gold'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.

Troilus Gold Debt-to-Equity Chart

Troilus Gold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.07

0.03

0.07

0.04

Troilus Gold 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															0.09	0.02	0.03	0.04	0.06

Competitive Comparison of Troilus Gold's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Troilus Gold'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.

Troilus Gold's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Troilus Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Troilus Gold's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(0.521	+	0.291)	/	22.62
	=	0.04

Troilus Gold's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(0.451	+	0.241)	/	11.434
	=	0.06

Troilus Gold (OTCPK:CHXMF) 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.

Troilus Gold Debt-to-Equity Related Terms

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

Troilus Gold (Troilus Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Troilus Gold Corp (OTCPK:CHXMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CM5R:Germany TLG:Canada

Address

715 Square Victoria, Suite 705, Montreal, QC, CAN, H2Y 2H7

Website

https://www.troilusgold.com

Troilus Gold Corp is a Toronto-based, Quebec-focused, advanced-stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus project includes Z87 Looking Southwest, Water Treatment and Tailings, Town of Chibougamau, 43,500 Hectare Property, and others.