TDG Gold (TSXV:TDG) Debt-to-Equity : 0.00 (As of Jan. 2024)

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What is TDG Gold Debt-to-Equity?

TDG Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. TDG Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. TDG Gold's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$7.06 Mil. TDG Gold's debt to equity for the quarter that ended in Jan. 2024 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 TDG Gold's Debt-to-Equity or its related term are showing as below:

During the past 6 years, the highest Debt-to-Equity Ratio of TDG Gold was 0.01. The lowest was 0.00. And the median was 0.00.

TSXV:TDG's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

TDG Gold Debt-to-Equity Historical Data

The historical data trend for TDG 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.

* Premium members only.

TDG Gold Debt-to-Equity Chart

TDG Gold Annual Data

Trend

Dec18

Dec19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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TDG Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	-	-	-	-

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

For the Other Industrial Metals & Mining subindustry, TDG 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.

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

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

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

TDG Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TDG Gold's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(0.016	+	0)	/	7.001
	=	0.00

TDG Gold's Debt to Equity Ratio for the quarter that ended in Jan. 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	+	0)	/	7.063
	=	0.00

TDG Gold (TSXV:TDG) 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.

TDG Gold Debt-to-Equity Related Terms

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TDG Gold (TSXV:TDG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TDG Gold Corp (TSXV:TDG) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

34M:Germany

Address

Unit 1 - 15782 Marine Drive, White Rock, BC, CAN, V4B 1E6

Website

https://www.tdggold.com

TDG Gold Corp is a junior mineral exploration company focused predominantly on the exploration and evaluation of mineral resources properties located in northeastern British Columbia. The firm has undertaken several projects namely the Nueva Esperanza project in Chile, Baker-Shasta, Mets, Bot projects, and others. It operates in a single segment.