TRX Gold (TSX:TRX) Debt-to-Asset : 0.03 (As of Nov. 2024)

View and export this data going back to 2001. Start your Free Trial

What is TRX Gold Debt-to-Asset?

TRX Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was C$1.26 Mil. TRX Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was C$2.73 Mil. TRX Gold's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Nov. 2024 was C$143.41 Mil. TRX Gold's debt to asset for the quarter that ended in Nov. 2024 was 0.03.

TRX Gold Debt-to-Asset Historical Data

The historical data trend for TRX 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.

* Premium members only.

TRX Gold Debt-to-Asset Chart

TRX Gold Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Debt-to-Asset

Get a 7-Day Free Trial

0.13

0.01

TRX Gold Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Debt-to-Asset	Get a 7-Day Free Trial															-	-	-	0.01	0.03

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

For the Gold subindustry, TRX 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.

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

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

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

TRX Gold Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TRX Gold's Debt-to-Asset for the fiscal year that ended in Aug. 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
	=	(0.548	+	1.286)	/	134.993
	=	0.01

TRX Gold's Debt-to-Asset for the quarter that ended in Nov. 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
	=	(1.262	+	2.726)	/	143.408
	=	0.03

TRX Gold (TSX:TRX) 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.

TRX Gold Debt-to-Asset Related Terms

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

TRX Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TRX Gold Corp (TSX:TRX) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TRX:USA

Address

277 Lakeshore Road East, Suite 403, Oakville, ON, CAN, L6J 6J3

Website

https://www.trxgold.com

TRX Gold Corp is a mineral resource company. It is engaged in the acquisition of interests and the exploration of natural resource properties. Its mineral properties are located in the United Republic of Tanzania. The company's main area of interest has been in the exploration and development of gold properties. Its projects include the Buckreef project, and Itetemia Gold project whereas, its exploration stage project consists of the Lunguya project and the Luhala project.