TRX Gold (FRA:TRG0) Debt-to-Equity : 0.08 (As of Feb. 2025)

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What is TRX Gold Debt-to-Equity?

TRX Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2025 was €1.98 Mil. TRX Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2025 was €1.98 Mil. TRX Gold's Total Stockholders Equity for the quarter that ended in Feb. 2025 was €52.47 Mil. TRX Gold's debt to equity for the quarter that ended in Feb. 2025 was 0.08.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for TRX Gold's Debt-to-Equity or its related term are showing as below:

FRA:TRG0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.1 Max: 0.53
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of TRX Gold was 0.53. The lowest was 0.00. And the median was 0.10.

FRA:TRG0's Debt-to-Equity is ranked better than
68.28% of 1236 companies
in the Metals & Mining industry
Industry Median: 0.14 vs FRA:TRG0: 0.08

TRX Gold Debt-to-Equity Historical Data

The historical data trend for TRX Gold's Debt-to-Equity 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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TRX Gold Debt-to-Equity Chart

TRX Gold Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Debt-to-Equity

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0.20

0.02

TRX Gold Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Debt-to-Equity	Get a 7-Day Free Trial															-	-	0.02	0.05	0.08

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

For the Gold subindustry, TRX Gold's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity Distribution in the Metals & Mining Industry

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

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

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TRX Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TRX Gold's Debt to Equity Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.364	+	0.854)	/	49.797
	=	0.02

TRX Gold's Debt to Equity Ratio for the quarter that ended in Feb. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.981	+	1.979)	/	52.471
	=	0.08

TRX Gold (FRA:TRG0) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

TRX Gold Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of TRX Gold's Debt-to-Equity 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 (FRA:TRG0) » Definitions » Debt-to-Equity

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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.

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