Troilus Gold (TSX:TLG) Cash-to-Debt : 5.61 (As of Oct. 2023)

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What is Troilus Gold Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Troilus Gold's cash to debt ratio for the quarter that ended in Oct. 2023 was 5.61.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Troilus Gold could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

The historical rank and industry rank for Troilus Gold's Cash-to-Debt or its related term are showing as below:

TSX:TLG' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.79 Med: 34.36 Max: No Debt
Current: 5.61

During the past 13 years, Troilus Gold's highest Cash to Debt Ratio was No Debt. The lowest was 1.79. And the median was 34.36.

TSX:TLG's Cash-to-Debt is ranked worse than
57.13% of 2645 companies
in the Metals & Mining industry
Industry Median: 18.37 vs TSX:TLG: 5.61

Troilus Gold Cash-to-Debt Historical Data

The historical data trend for Troilus Gold's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Troilus Gold Cash-to-Debt Chart

Troilus Gold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

Get a 7-Day Free Trial

11.59

27.44

43.54

7.95

16.70

Troilus Gold Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															4.23	35.80	22.79	16.70	5.61

Competitive Comparison of Troilus Gold's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Troilus Gold's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Troilus Gold's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Troilus Gold's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Troilus Gold's Cash-to-Debt falls into.

Troilus Gold Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Troilus Gold's Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	17.904	/	(0.688	+	0.384)
	=	16.70

Troilus Gold's Cash to Debt Ratio for the quarter that ended in Oct. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5.32	/	(0.618	+	0.331)
	=	5.61

Troilus Gold (TSX:TLG) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Troilus Gold Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Troilus Gold's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Troilus Gold (TSX:TLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Troilus Gold Corp (TSX:TLG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CHXMF:USA CM5R:Germany

Address

715 Square Victoria, Suite 705, Montreal, QC, CAN, H2Y 2H7

Website

https://www.troilusgold.com

Troilus Gold Corp is a Toronto-based, Quebec-focused, advanced-stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus project includes Z87 Looking Southwest, Water Treatment and Tailings, Town of Chibougamau, 43,500 Hectare Property, and others.

Executives

Christopher Justin Reid

Director, Senior Officer

Troilus Gold (TSX:TLG) Headlines

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