CHXMF (Troilus Gold) LT-Debt-to-Total-Asset : 0.03 (As of Jul. 2024)

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What is Troilus Gold LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Troilus Gold's long-term debt to total assests ratio for the quarter that ended in Jul. 2024 was 0.03.

Troilus Gold's long-term debt to total assets ratio increased from Apr. 2023 (0.01) to Jul. 2024 (0.03). It may suggest that Troilus Gold is progressively becoming more dependent on debt to grow their business.

Troilus Gold LT-Debt-to-Total-Asset Historical Data

The historical data trend for Troilus Gold's LT-Debt-to-Total-Asset 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.

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Troilus Gold LT-Debt-to-Total-Asset Chart

Troilus Gold Annual Data

Trend

Dec14

Dec15

Dec16

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

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0.02

0.01

0.02

0.01

0.03

Troilus Gold Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Apr24	Jul24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.03

Troilus Gold LT-Debt-to-Total-Asset Calculation

Troilus Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	0.487	/	18.18
	=

Troilus Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (Q: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2024 )	/	Total Assets (Q: Jul. 2024 )
	=	0.487	/	18.18
	=

Troilus Gold (OTCPK:CHXMF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Troilus Gold LT-Debt-to-Total-Asset Related Terms

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Troilus Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Troilus Gold Corp (OTCPK:CHXMF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

CM5R:Germany TLG:Canada

Address

715 Square Victoria, Suite 705, Montreal, QC, CAN, H2Y 2H7

Website

https://www.troilusgold.com

Troilus Gold Corp is a Toronto-based, Quebec-focused, advanced-stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus Project ranks among Canada's undeveloped gold-copper assets and is set to emerge as one of the country's finest future producers. The Troilus project includes Z87 Looking Southwest, Water Treatment and Tailings, Town of Chibougamau, 43,500 Hectare Property, and others.