THXPF (Thor Explorations) Debt-to-Asset : 0.00 (As of Jun. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

THXPF Thor Explorations Ltd THXPF
35 GF Score
Price $0.97
GF Value $0.56
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Thor Explorations Debt-to-Asset?

Thor Explorations THXPF -2.32% 35 Debt-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates THXPF with a GF Score™ of 35/100 and a GF Value™ of $0.56 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Thor Explorations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.2 Mil. Thor Explorations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.0 Mil. Thor Explorations's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $488.3 Mil. Thor Explorations's debt to asset for the quarter that ended in Jun. 2026 was 0.00.


Thor Explorations  (OTCPK:THXPF) 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.


Thor Explorations Debt-to-Asset Related Terms


Thor Explorations Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Thor Explorations'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.

Thor Explorations Debt-to-Asset Chart

Thor Explorations Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.19 0.14 0.03 0.01

Thor Explorations Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset 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 0.02 0.01 0.01 0.00 0.00

THXPF vs NEM, AU: Debt-to-Asset Comparison

For the Gold subindustry, Thor Explorations'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.


Thor Explorations Debt-to-Asset vs Metals & Mining Industry

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

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


THXPF
35GF Score
Thor Explorations Ltd THXPF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Thor Explorations Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Thor Explorations's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Thor Explorations's Debt-to-Asset for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.00 mean?
Thor Explorations (THXPF) has a Debt-to-Asset of 0.00 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Thor Explorations and its competitors.
Is Thor Explorations' Debt-to-Asset too high?
Thor Explorations' current Debt-to-Asset is 0.00. Overall, Thor Explorations has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thor Explorations' Debt-to-Asset compare to NEM and AU?
Thor Explorations' Debt-to-Asset of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Metals & Mining company?
A good Debt-to-Asset depends on the Metals & Mining industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Thor Explorations and its competitors. Thor Explorations's current Debt-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Explorations stock overvalued right now?
Based on GuruFocus' analysis, Thor Explorations (THXPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.56, compared to a current price of $0.97 — trading 72.9% above its estimated fair value. The current Debt-to-Asset is 0.00. Thor Explorations' overall GF Score™ is 35/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Thor Explorations (THXPF), the current Debt-to-Asset is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thor Explorations (THXPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thor Explorations stock appears to be overvalued. The current stock price of $0.97 is trading 72.9% above its estimated GF Value™ of $0.56. GuruFocus considers Thor Explorations to be Significantly Overvalued.

Key valuation signals for THXPF:

  • Debt-to-Asset: 0.00
  • GF Value™: $0.56 vs. price of $0.97 (72.9% above fair value)
  • GF Score™: 35/100 with 1 warning sign

No single metric tells the full story. See the THXPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thor Explorations Business Description

Other Exchanges THX:UKT2X:GermanyTHX:Canada
Address 119 West Pender Street, No. 404, Vancouver, BC, CAN, V6B 1S5
Thor Explorations Ltd is a Canadian mineral exploration company engaged in the acquisition, exploration, development, and production of mineral properties located in Nigeria, Senegal, and Cote d'Ivoire. Its project portfolio includes the Segilola Gold Project located in Osun State, Nigeria; the Douta Gold Project located in south-eastern Senegal; and the Guitry Gold Project Cote d'Ivoire. Additionally, the company has entered into two further option agreements to earn the majority interest in the Marahui and Boundiali Exploration licences. Thor Explorations derives revenue mainly from the sale of gold and silver, of which substantial revenue is generated from gold. The company's operations comprise three reportable segments: the Segilola Mine Project, Exploration Projects, and Corporate.
35GF Score

Get the complete analysis for THXPF

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.97
Price
$0.56
GF Value