TNREF (Taranis Resources) Debt-to-Equity: 0.01 (As of Mar. 2026) — 80% Below Median

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TNREF Taranis Resources Inc TNREF
37 GF Score
Price $0.09
! 1 Warning Sign
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What is Taranis Resources Debt-to-Equity?

Taranis Resources TNREF -3.53% 37 Debt-to-Equity is 0.01 as of Mar. 2026, which is 80% below its 10-year median of 0.05. GuruFocus rates TNREF with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 1,221 Metals & Mining companies, Taranis Resources ranks better than 99.92% on this metric.

Taranis Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.07 Mil. Taranis Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Taranis Resources's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $5.90 Mil. Taranis Resources's debt to equity for the quarter that ended in Mar. 2026 was 0.01.

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 Taranis Resources's Debt-to-Equity or its related term are showing as below:

TNREF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.1
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Taranis Resources was 0.10. The lowest was 0.01. And the median was 0.05.

TNREF's Debt-to-Equity is ranked better than
99.92% of 1221 companies
in the Metals & Mining industry
Industry Median: 0.15 vs TNREF: 0.01

Taranis Resources  (OTCPK:TNREF) 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.


Taranis Resources Debt-to-Equity Related Terms


Taranis Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Taranis Resources'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.

Taranis Resources Debt-to-Equity Chart

Taranis Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.02 0.01 0.01

Taranis Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.01 0.01 0.01 0.01 0.01

Taranis Resources Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Taranis Resources'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.


Taranis Resources Debt-to-Equity vs Metals & Mining Industry

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

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


TNREF
37GF Score
Taranis Resources Inc TNREF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Taranis Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taranis Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Taranis Resources's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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 0.01 mean?
Taranis Resources (TNREF) has a Debt-to-Equity of 0.01 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Taranis Resources and its competitors. This is 80% below median its historical median of 0.05. Over the past decade, Taranis Resources' Debt-to-Equity has ranged from 0.01 to 0.10. According to the industry distribution chart, Taranis Resources ranks #1 out of 1221 companies in the Metals & Mining industry, placing it in the top 0.099999999999994%.
Is Taranis Resources' Debt-to-Equity too high?
Taranis Resources' current Debt-to-Equity of 0.01 is 80% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.10. The Metals & Mining industry median Debt-to-Equity is 0.15. Taranis Resources' value of 0.01 is 93.3% below this industry median. Based on the distribution chart, Taranis Resources ranks #1 out of 1221 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Taranis Resources has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Taranis Resources' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Taranis Resources ranks #1 out of 1221 companies for Debt-to-Equity. This places Taranis Resources in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.15. Taranis Resources' value of 0.01 is 93.3% below this benchmark. Historically, Taranis Resources' own Debt-to-Equity has ranged from 0.01 to 0.10 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.15, Taranis Resources has consistently been below the industry average. 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 1,221 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. Taranis Resources's current Debt-to-Equity of 0.01 is 93.3% below the industry median. 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 Taranis Resources 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. Taranis Resources's current Debt-to-Equity is 0.01, which is 80% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taranis Resources stock overvalued right now?
Taranis Resources (TNREF) has a current Debt-to-Equity of 0.01. The current Debt-to-Equity is 0.01, which is 80% below median its 10-year median of 0.05 and 93.3% below the Metals & Mining industry median of 0.15. Taranis Resources' overall GF Score™ is 37/100 with 1 warning sign to review. 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 Taranis Resources (TNREF), the current Debt-to-Equity is 0.01 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.

Taranis Resources Business Description

Other Exchanges TRO:Canada
Address 681 Conifer Lane, Estes Park, CO, USA, 80517
Taranis Resources Inc is a Canada-based exploration stage company. The business activity of the group is operated through one reportable operating segment, which is the acquisition and exploration of mineral properties. The company holds an interest in Thor property, which is located in the Revelstoke mining district of British Columbia.
37GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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