Trx Gold (TRX) Debt to Equity (2016 - 2019)
Trx Gold (TRX) reported Debt to Equity of $0.25 for Q3 2019, up 84.9% on a YoY basis from $0.14 in Q3 2018, and up 84.9% quarter-over-quarter from $0.14 in Q3 2018.
Trx Gold (TRX) Debt to Equity (2016 - 2019) Analysis & Trends
Trx Gold has reported Debt to Equity for 4 years, with the latest figure at $0.25 in Q3 2019.
- For the quarter ending Q3 2019, Debt to Equity rose 84.9% year-over-year to $0.25; the trailing twelve-month figure through Aug 2019 stood at $0.25 (up 84.9% YoY), and the FY2019 full-year result was $0.27, up 99.33% from the prior year.
- Debt to Equity for Q3 2019 stood at $0.25, up from $0.14 in the prior quarter.
- The five-year high for Debt to Equity was $0.25 in Q3 2019, with the low at $0.0 in Q3 2016.
- Historically, Debt to Equity has averaged $0.08 across 4 years, with a median of $0.05 in 2016.
- Annual changes were most pronounced in 2017 — Debt to Equity jumped 3728.16% — and 2018, when it surged 46.79%.
- Trx Gold's Debt to Equity stood at $0.0 in 2016, then soared by 2958.48% to $0.09 in 2017, then soared by 46.79% to $0.14 in 2018, then jumped by 84.9% to $0.25 in 2019.
- The last three Debt to Equity figures came in at $0.25 (Q3 2019), $0.14 (Q3 2018), and $0.09 (Q3 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 0.13 |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | - |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | 0.32 |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 0.08 |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 0.14 |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | Trx Gold | 69.54 | 2.50 Mn | 21.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Aug 31, 2019 | 0.25 |
| Aug 31, 2018 | 0.14 |
| Aug 31, 2017 | 0.09 |
| Nov 30, 2016 | 0.00 |
| Aug 31, 2016 | 0.00 |
| May 31, 2016 | 0.00 |