Trident Royalties (LSE:TRR) Debt-to-Revenue : 2.89 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Trident Royalties Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Trident Royalties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £4.00 Mil. Trident Royalties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £18.81 Mil. Trident Royalties's annualized Revenue for the quarter that ended in Dec. 2023 was £7.90 Mil. Trident Royalties's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 2.89.

Trident Royalties Debt-to-Revenue Historical Data

The historical data trend for Trident Royalties's Debt-to-Revenue 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.

* Premium members only.

Trident Royalties Debt-to-Revenue Chart

Trident Royalties Annual Data

Trend

Apr19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

N/A

127.79

4.89

3.03

Trident Royalties Semi-Annual Data
	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial						792.30	6.06	4.07	4.43	2.89

Competitive Comparison of Trident Royalties's Debt-to-Revenue

For the Other Industrial Metals & Mining subindustry, Trident Royalties's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Trident Royalties's Debt-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Trident Royalties's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Trident Royalties's Debt-to-Revenue falls into.

Trident Royalties Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Trident Royalties's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(4.001	+	18.813)	/	7.522
	=	3.03

Trident Royalties's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(4.001	+	18.813)	/	7.904
	=	2.89

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.

Trident Royalties Debt-to-Revenue Related Terms

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

Trident Royalties (LSE:TRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trident Royalties PLC (LSE:TRR) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

TDTRF:USA 5KV:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.tridentroyalties.com

Trident Royalties PLC is a growth-focused diversified mining royalty and streaming company. The company is aiming to provide investors with exposure to a mix of base and precious metals, bulk materials (excluding thermal coal), and battery metals. Its reportable segments involve Precious, Bulk/Battery Metals, and Base.