TNGMF (TGX Energy & Resources) LT-Debt-to-Total-Asset: 91.25 (As of Mar. 2026)


TNGMF TGX Energy & Resources Inc TNGMF
25 GF Score
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What is TGX Energy & Resources LT-Debt-to-Total-Asset?

TGX Energy & Resources TNGMF 25 LT-Debt-to-Total-Asset is 91.25 as of Mar. 2026. GuruFocus rates TNGMF with a GF Score™ of 25/100. The stock has 4 warning signs investors should review.

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. TGX Energy & Resources's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 91.25.

TGX Energy & Resources's long-term debt to total assets ratio increased from Mar. 2025 (75.67) to Mar. 2026 (91.25). It may suggest that TGX Energy & Resources is progressively becoming more dependent on debt to grow their business.

TGX Energy & Resources  (OTCPK:TNGMF) 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.

TGX Energy & Resources LT-Debt-to-Total-Asset Related Terms

TGX Energy & Resources LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for TGX Energy & Resources'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.

TGX Energy & Resources LT-Debt-to-Total-Asset Chart

TGX Energy & Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.93 41.33 76.41 64.44 63.63

TGX Energy & Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.67 106.98 80.06 63.63 91.25
TNGMF
25GF Score
TGX Energy & Resources Inc TNGMF
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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TGX Energy & Resources LT-Debt-to-Total-Asset Calculation

TGX Energy & Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=5.027/0.079
=

TGX Energy & Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=5.11/0.056
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 91.25 mean?
TGX Energy & Resources (TNGMF) has a LT-Debt-to-Total-Asset of 91.25 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TGX Energy & Resources and its competitors.
Is TGX Energy & Resources' LT-Debt-to-Total-Asset too high?
TGX Energy & Resources' current LT-Debt-to-Total-Asset is 91.25. Overall, TGX Energy & Resources has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does TGX Energy & Resources' LT-Debt-to-Total-Asset compare to HL?
TGX Energy & Resources' LT-Debt-to-Total-Asset of 91.25 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TGX Energy & Resources and its competitors. TGX Energy & Resources's current LT-Debt-to-Total-Asset is 91.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGX Energy & Resources stock overvalued right now?
TGX Energy & Resources (TNGMF) has a current LT-Debt-to-Total-Asset of 91.25. The current LT-Debt-to-Total-Asset is 91.25. TGX Energy & Resources' overall GF Score™ is 25/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For TGX Energy & Resources (TNGMF), the current LT-Debt-to-Total-Asset is 91.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TGX Energy & Resources Business Description

Other Exchanges H82:GermanyTGX:Canada
Address 409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
TGX Energy & Resources Inc is engaged in the exploration and evaluation of natural resource properties in Canada. The Company operates in a single reportable operating segment - the acquisition, exploration, and development of mineral properties in Canada.
25GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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