TOGOF (TomaGold) Debt-to-Asset : 0.02 (As of Feb. 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is TomaGold Debt-to-Asset?

TomaGold TOGOF Debt-to-Asset is 0.02 as of Feb. 2026. The stock has 3 warning signs investors should review.

TomaGold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $0.00 Mil. TomaGold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $0.02 Mil. TomaGold's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2026 was $0.85 Mil. TomaGold's debt to asset for the quarter that ended in Feb. 2026 was 0.02.


TomaGold  (OTCPK:TOGOF) 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.


TomaGold Debt-to-Asset Related Terms


TomaGold Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for TomaGold'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.

TomaGold Debt-to-Asset Chart

TomaGold Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.01 0.04 1.64 0.49

TomaGold Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.48 1.84 0.49 0.69 0.02

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

For the Gold subindustry, TomaGold'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.


TomaGold Debt-to-Asset vs Metals & Mining Industry

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

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



TomaGold Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TomaGold's Debt-to-Asset for the fiscal year that ended in Aug. 2025 is calculated as

TomaGold's Debt-to-Asset for the quarter that ended in Feb. 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 0.02 mean?
TomaGold (TOGOF) has a Debt-to-Asset of 0.02 as of Feb. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on TomaGold and its competitors.
Is TomaGold's Debt-to-Asset too high?
TomaGold's current Debt-to-Asset is 0.02.
How does TomaGold's Debt-to-Asset compare to NEM and AU?
TomaGold's Debt-to-Asset of 0.02 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 TomaGold and its competitors. TomaGold's current Debt-to-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TomaGold stock overvalued right now?
TomaGold (TOGOF) has a current Debt-to-Asset of 0.02. The current Debt-to-Asset is 0.02. 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 TomaGold (TOGOF), the current Debt-to-Asset is 0.02 as of Feb. 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.

TomaGold Business Description

Other Exchanges LOT:Canada
Address 410, Rue Saint-Nicolas, Suite 236, Montreal, QC, CAN, H2Y 2P5
TomaGold Corp is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration, and development of gold mineral properties. The company holds an interest in Obalski (Gold-Copper), Star Lake (REE), Brisk Extension (Lithium-REE), Monster Lake East (Gold), Monster Lake West (Gold), Hazeur (Gold), Baird (Gold), and Lac Doda (Gold) The company operates through a single segment Exploration and evaluation of mineral resources.