Tres-Or Resources (TSXV:TRS) LT-Debt-to-Total-Asset : 0.02 (As of Nov. 2024)

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What is Tres-Or Resources 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. Tres-Or Resources's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.02.

Tres-Or Resources's long-term debt to total assets ratio increased from Aug. 2023 (0.00) to Nov. 2024 (0.02). It may suggest that Tres-Or Resources is progressively becoming more dependent on debt to grow their business.

Tres-Or Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tres-Or 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.

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Tres-Or Resources LT-Debt-to-Total-Asset Chart

Tres-Or Resources Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.04

0.01

Tres-Or Resources Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	Aug24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.01	0.02	0.02

Tres-Or Resources LT-Debt-to-Total-Asset Calculation

Tres-Or Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	0.013	/	2.876
	=

Tres-Or Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	0.053	/	2.944
	=

Tres-Or Resources (TSXV:TRS) 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.

Tres-Or Resources LT-Debt-to-Total-Asset 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 » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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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