Treasury Metals (Treasury Metals) Debt-to-Equity : 0.17 (As of Dec. 2023)

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What is Treasury Metals Debt-to-Equity?

Treasury Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.47 Mil. Treasury Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.16 Mil. Treasury Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $74.14 Mil. Treasury Metals's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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 Treasury Metals's Debt-to-Equity or its related term are showing as below:

TSRMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.18
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Treasury Metals was 0.18. The lowest was 0.03. And the median was 0.07.

TSRMF's Debt-to-Equity is ranked worse than
54.41% of 1314 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSRMF: 0.17

Treasury Metals Debt-to-Equity Historical Data

The historical data trend for Treasury Metals'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.

Treasury Metals Debt-to-Equity Chart

Treasury Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.03

0.04

0.18

0.17

Treasury Metals 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															0.18	0.18	0.18	0.18	0.17

Competitive Comparison of Treasury Metals's Debt-to-Equity

For the Gold subindustry, Treasury Metals'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.

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

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

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

Treasury Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Treasury Metals's Debt to Equity Ratio for the fiscal year 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
	=	(1.469	+	11.159)	/	74.136
	=	0.17

Treasury Metals'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
	=	(1.469	+	11.159)	/	74.136
	=	0.17

Treasury Metals (OTCPK:TSRMF) 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.

Treasury Metals Debt-to-Equity Related Terms

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

Treasury Metals (Treasury Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Treasury Metals Inc (OTCPK:TSRMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TRC1:Germany TML:Canada

Address

15 Toronto Street, Suite 401, Toronto, ON, CAN, M5C 2E3

Website

https://www.treasurymetals.com

Treasury Metals Inc is an exploration stage company. It is engaged in the exploration and evaluation of minerals resources. Some of its projects include the Goliath Gold, Weebigee, Goldlund Gold and Lara Polymetallic, among others.