Trojan Gold (XCNQ:TGII) Debt-to-Asset : 0.14 (As of Mar. 2025)

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What is Trojan Gold Debt-to-Asset?

Trojan Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.18 Mil. Trojan Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.00 Mil. Trojan Gold's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2025 was C$1.29 Mil. Trojan Gold's debt to asset for the quarter that ended in Mar. 2025 was 0.14.

Trojan Gold Debt-to-Asset Historical Data

The historical data trend for Trojan 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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Trojan Gold Debt-to-Asset Chart

Trojan Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

0.01

0.14

Trojan Gold Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Asset	Get a 7-Day Free Trial													0.01	0.03	0.03	0.14	0.14

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

For the Gold subindustry, Trojan 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.

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

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

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

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Trojan Gold Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Trojan Gold's Debt-to-Asset for the fiscal year 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
	=	(0.178	+	0)	/	1.306
	=	0.14

Trojan Gold's Debt-to-Asset for the quarter that ended in Mar. 2025 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.178	+	0)	/	1.291
	=	0.14

Trojan Gold (XCNQ:TGII) 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.

Trojan Gold Debt-to-Asset Related Terms

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Trojan Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trojan Gold Inc (XCNQ:TGII) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

82 Richmond Street East, Suite 401, Toronto, ON, CAN, M5C 1P1

Website

https://trojangold.com

Trojan Gold Inc is a mineral resource company engaged in the acquisition and exploration of mineral resource properties in Canada and the Dominican Republic. Its objective is to locate, explore and develop precious metals, focusing initially on the exploration and development of the Hemlo South Project, located in Ontario, and the Watershed Property.

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