Trx Gold (TRX) Debt to Equity (2016 - 2019)

Trx Gold (TRX) posted Debt to Equity of $0.25 for Q3 2019, up 84.9% quarter-over-quarter from $0.14 in Q3 2018, and up 84.9% year-on-year from $0.14 in Q3 2018.

Trx Gold (TRX) Debt to Equity (2016 - 2019) Analysis & Trends

Trx Gold (TRX) has reported Debt to Equity for 4 consecutive years, with $0.25 the latest figure, recorded in Q3 2019.

  • Debt to Equity for Q3 2019 came in at $0.25, up 84.9% year-over-year; the trailing twelve-month figure through Aug 2019 was $0.25 (up 84.9% YoY), and the FY2019 annual result was $0.27, up 98.89% from the prior year.
  • Debt to Equity was $0.25 for Q3 2019 at Trx Gold, up from $0.14 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.25 in Q3 2019 and troughed at $0.0 in Q3 2016.
  • Average Debt to Equity over 4 years is $0.08, with a median of $0.05 recorded in 2016.
  • Year-over-year, Debt to Equity soared 3728.16% in 2017 and jumped 46.79% in 2018.
  • Over 4 years, 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.
  • Per Business Quant data, the three most recent Debt to Equity figures were $0.25 in Q3 2019, $0.14 in Q3 2018, and $0.09 in Q3 2017.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 0.13
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 0.14
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 0.00
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn -
8 Gold Fields 30.19 Bn 28.41 Bn - 0.32
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 0.08
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 -

Historic Data

Download Data
DateValue
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