Tarku Resources (Tarku Resources) Debt-to-Equity : 0.05 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Tarku Resources Debt-to-Equity?

Tarku Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Tarku Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.11 Mil. Tarku Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2.33 Mil. Tarku Resources's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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

TRKUF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.14 Max: 0.79
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Tarku Resources was 0.79. The lowest was 0.02. And the median was 0.14.

TRKUF's Debt-to-Equity is ranked better than
66.64% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TRKUF: 0.05

Tarku Resources Debt-to-Equity Historical Data

The historical data trend for Tarku 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.

* Premium members only.

Tarku Resources Debt-to-Equity Chart

Tarku Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.14

0.05

Tarku Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.14	0.02	0.05	0.05

Competitive Comparison of Tarku Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Tarku 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.

Tarku Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Tarku Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tarku Resources's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 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	+	0.108)	/	2.263
	=	0.05

Tarku Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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	+	0.112)	/	2.332
	=	0.05

Tarku Resources (OTCPK:TRKUF) 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.

Tarku Resources Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Tarku Resources's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Tarku Resources (Tarku Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tarku Resources Ltd (OTCPK:TRKUF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

7TK:Germany TKU:Canada

Address

4th Avenue Street, Suite 602 - 224, Saskatoon, SK, CAN, S7K 5M5

Website

https://www.tarkuresources.com

Tarku Resources Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, and development of precious and base metals in the mineral-rich Canadian landscape. It explores uranium, gold, silver, copper, zinc, and diamonds. It holds an interest in the Apollo gold project, Max Lithium Project, Admiral gold project, Atlas gold project in Quebec, and silver strike project in Arizona. The company operates in two geographical segments Arizona and Quebec, out of which it makes majority of revenue from Arizona.