TGLDF (Renegade Gold) Debt-to-Asset : 0.02 (As of Dec. 2024)

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What is Renegade Gold Debt-to-Asset?

Renegade Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.03 Mil. Renegade Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.17 Mil. Renegade Gold's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $11.87 Mil. Renegade Gold's debt to asset for the quarter that ended in Dec. 2024 was 0.02.

Renegade Gold Debt-to-Asset Historical Data

The historical data trend for Renegade Gold's Debt-to-Asset 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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Renegade Gold Debt-to-Asset Chart

Renegade Gold Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Asset

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0.01

0.03

0.04

0.02

Renegade Gold Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Competitive Comparison of Renegade Gold's Debt-to-Asset

For the Gold subindustry, Renegade Gold's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Renegade Gold's Debt-to-Asset Distribution in the Metals & Mining Industry

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

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

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Renegade Gold Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Renegade Gold's Debt-to-Asset for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.028	+	0.189)	/	14.449
	=	0.02

Renegade Gold's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.027	+	0.168)	/	11.869
	=	0.02

Renegade Gold (OTCPK:TGLDF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Renegade Gold Debt-to-Asset Related Terms

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Renegade Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Renegade Gold Inc (OTCPK:TGLDF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

070:Germany RAGE:Canada

Address

200 Burrard Street, Suite 1615, Vancouver, BC, CAN, V6C 3L6

Website

https://www.renegadegold.com

Renegade Gold Inc formerly Trillium Gold Mines Inc is engaged in the exploration and development of gold deposits in the Red Lake district. Its projects include Leo property, Sidace, Gold Centre, Shining Tree, and Newman todd.