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
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