Targa Exploration (XCNQ:TEX) Debt-to-Asset : 0.00 (As of Dec. 2023)

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What is Targa Exploration Debt-to-Asset?

Targa Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Targa Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Targa Exploration's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was C$2.90 Mil. Targa Exploration's debt to asset for the quarter that ended in Dec. 2023 was 0.00.

Targa Exploration Debt-to-Asset Historical Data

The historical data trend for Targa Exploration'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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Targa Exploration Debt-to-Asset Chart

Targa Exploration Annual Data

Trend

Mar20

Mar21

Mar22

Debt-to-Asset

Targa Exploration Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Targa Exploration's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Targa Exploration'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.

Targa Exploration's Debt-to-Asset Distribution in the Metals & Mining Industry

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

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

Targa Exploration Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Targa Exploration's Debt-to-Asset for the fiscal year that ended in Mar. 2022 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	+	0)	/	1.24
	=	0.00

Targa Exploration's Debt-to-Asset for the quarter that ended in Dec. 2023 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	+	0)	/	2.895
	=	0.00

Targa Exploration (XCNQ:TEX) 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.

Targa Exploration Debt-to-Asset Related Terms

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Targa Exploration (XCNQ:TEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Targa Exploration Corp (XCNQ:TEX) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TRGEF:USA V6Y:Germany

Address

1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7

Website

https://www.targaexploration.com

Targa Exploration Corp is engaged in the acquisition, exploration, and development of mineral properties in Canada and currently has an interest in the Shanghai property located in the Mayo Mining District, Yukon Territory. The projects of the company include the Opinaca lithium project, Superior lithium projects, Shanghai gold-silver project, and others.

Executives

Andrew Rockandel

Director