TLXPF (New Murchison Gold) Debt-to-Equity: 0.00 (As of Mar. 2026)

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What is New Murchison Gold Debt-to-Equity?

New Murchison Gold TLXPF +5.83% Debt-to-Equity is 0.00 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 1,219 Metals & Mining companies, New Murchison Gold ranks worse than 82034.37% on this metric.

New Murchison Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.12 Mil. New Murchison Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.14 Mil. New Murchison Gold's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $127.32 Mil. New Murchison Gold's debt to equity for the quarter that ended in Mar. 2026 was 0.00.

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 New Murchison Gold's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of New Murchison Gold was 0.03. The lowest was -2.37. And the median was -0.98.

TLXPF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

New Murchison Gold  (OTCPK:TLXPF) 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.

New Murchison Gold Debt-to-Equity Related Terms

New Murchison Gold Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for New Murchison 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.

New Murchison Gold Debt-to-Equity Chart

New Murchison Gold Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.02 -0.98 0.03 0.01 0.01

New Murchison Gold Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity 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 0.02 0.01 0.00 0.01 0.00

New Murchison Gold Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, New Murchison 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.

New Murchison Gold Debt-to-Equity vs Metals & Mining Industry

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

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


New Murchison Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

New Murchison Gold's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(0.142 + 0.173) / 38.416
=0.01

New Murchison Gold's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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
=(0.124 + 0.136) / 127.315
=0.00

* 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-Equity →
What does a Debt-to-Equity of 0.00 mean?
New Murchison Gold (TLXPF) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on New Murchison Gold and its competitors. According to the industry distribution chart, New Murchison Gold ranks #999999 out of 1219 companies in the Metals & Mining industry.
Is New Murchison Gold's Debt-to-Equity too high?
New Murchison Gold's current Debt-to-Equity is 0.00. Based on the distribution chart, New Murchison Gold ranks #999999 out of 1219 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does New Murchison Gold's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, New Murchison Gold ranks #999999 out of 1219 companies for Debt-to-Equity. This places New Murchison Gold in the lower half of its industry. The industry median Debt-to-Equity is 0.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,219 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on New Murchison Gold and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Murchison Gold's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Murchison Gold stock overvalued right now?
New Murchison Gold (TLXPF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For New Murchison Gold (TLXPF), the current Debt-to-Equity is 0.00 as of Mar. 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.

New Murchison Gold Business Description

Other Exchanges TJ30:GermanyNMG:Australia
Address 5 Ord Street, Level 2, Suite 8, West Perth, WA, AUS, 6005
New Murchison Gold Ltd Formerly Ora Gold Ltd is engaged in the mineral exploration industry in Australia. The company projects include Garden Gully; Red Bore and Keller Creek in Western Australia. The Garden Gully Gold Project represents an excellent opportunity for the discovery of a new gold camp in a region that has an established track record of hosting such occurrences.