Tres-Or Resources (TSXV:TRS) Debt-to-Equity : 0.02 (As of Aug. 2024)

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What is Tres-Or Resources Debt-to-Equity?

Tres-Or Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was C$0.00 Mil. Tres-Or Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was C$0.05 Mil. Tres-Or Resources's Total Stockholders Equity for the quarter that ended in Aug. 2024 was C$2.20 Mil. Tres-Or Resources's debt to equity for the quarter that ended in Aug. 2024 was 0.02.

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

TSXV:TRS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.09
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Tres-Or Resources was 0.09. The lowest was 0.00. And the median was 0.05.

TSXV:TRS's Debt-to-Equity is ranked better than
84.09% of 1251 companies
in the Metals & Mining industry
Industry Median: 0.13 vs TSXV:TRS: 0.02

Tres-Or Resources Debt-to-Equity Historical Data

The historical data trend for Tres-Or 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.

Tres-Or Resources Debt-to-Equity Chart

Tres-Or Resources Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.05

0.01

Tres-Or Resources Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	Aug24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	0.01	0.02

Competitive Comparison of Tres-Or Resources's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Tres-Or 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.

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

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

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

Tres-Or Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tres-Or Resources's Debt to Equity Ratio for the fiscal year that ended in Feb. 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	+	0.013)	/	2.242
	=	0.01

Tres-Or Resources's Debt to Equity Ratio for the quarter that ended in Aug. 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	+	0.053)	/	2.202
	=	0.02

Tres-Or Resources (TSXV:TRS) 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.

Tres-Or Resources Debt-to-Equity Related Terms

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Tres-Or Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tres-Or Resources Ltd (TSXV:TRS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1934 - 131 Street, White Rock, BC, CAN, V4A 7R7

Website

http://www.tres-or.com

Tres-Or Resources Ltd is an operator of a mineral exploration company intended to explore and evaluate mineral properties. The company's platform focused on acquiring, exploring gold and base metal resources, diamonds, and selling certain projects of the company, enabling the discovery of rare minerals and metals. The projects of the company include Fontana and Duvay Gold Projects, and Diamond Projects.

Executives