Torex Financial Statements From 2010 to 2024

TXG Stock  CAD 28.63  0.09  0.32%   
Torex Gold financial statements provide useful quarterly and yearly information to potential Torex Gold Resources investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Torex Gold financial statements helps investors assess Torex Gold's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Torex Gold's valuation are summarized below:
Gross Profit
505.2 M
Profit Margin
0.113
Market Capitalization
2.5 B
Enterprise Value Revenue
1.744
Revenue
1.1 B
We have found one hundred twenty available fundamental trend indicators for Torex Gold Resources, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Torex Gold's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. At this time, Torex Gold's Market Cap is very stable compared to the past year. As of the 27th of November 2024, Working Capital is likely to grow to about 255.2 K, while Enterprise Value is likely to drop about 422.7 M.

Torex Gold Total Revenue

926.73 Million

Check Torex Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Torex Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 212.5 M, Interest Expense of 0.0 or Selling General Administrative of 25.6 M, as well as many indicators such as Price To Sales Ratio of 1.03, Dividend Yield of 0.0 or PTB Ratio of 0.67. Torex financial statements analysis is a perfect complement when working with Torex Gold Valuation or Volatility modules.
  
This module can also supplement various Torex Gold Technical models . Check out the analysis of Torex Gold Correlation against competitors.

Torex Gold Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.9 B1.8 B1.1 B
Slightly volatile
Other Current Liabilities13.8 M22.6 M16.5 M
Slightly volatile
Total Current Liabilities295.8 M281.7 M129.4 M
Slightly volatile
Accounts Payable106 M101 M62.9 M
Slightly volatile
Cash108.8 M172.8 M153.9 M
Slightly volatile
Cash And Short Term Investments110.3 M172.8 M156.2 M
Slightly volatile
Net Receivables92.1 M87.7 M33.2 M
Slightly volatile
Common Stock Shares Outstanding49.1 M86.4 M68.8 M
Slightly volatile
Liabilities And Stockholders Equity1.9 B1.8 B1.1 B
Slightly volatile
Non Current Liabilities Total114.9 M59 M149 M
Very volatile
Inventory132.9 M126.6 M62 M
Slightly volatile
Other Current Assets4.4 M3.2 M5.6 M
Pretty Stable
Other Stockholder Equity49.9 M27.8 M49.1 M
Slightly volatile
Total Liabilities183.7 M340.7 M263.3 M
Slightly volatile
Total Current Assets425.8 M405.5 M267.2 M
Slightly volatile
Property Plant And Equipment Net664.1 M1.2 B708.8 M
Slightly volatile
Non Current Assets Total1.5 B1.4 B816.8 M
Slightly volatile
Property Plant And Equipment Gross2.9 B2.7 B1.1 B
Slightly volatile
Non Currrent Assets Other25 M24.8 M30.9 M
Very volatile
Common StockBB929.5 M
Slightly volatile
Other Liabilities51.4 M67.4 M43.2 M
Slightly volatile
Net Tangible Assets900.8 M1.5 B811.3 M
Slightly volatile
Common Stock Total EquityB1.2 B929.6 M
Slightly volatile
Property Plant Equipment905 M1.1 B747.8 M
Slightly volatile
Short and Long Term Debt Total30.4 M32 M133.6 M
Very volatile
Deferred Long Term Liabilities7.3 M8.2 M8.9 M
Slightly volatile
Short and Long Term Debt2.4 M2.5 M30.6 M
Slightly volatile
Short Term Debt24.2 M23.9 M33.5 M
Slightly volatile
Current Deferred Revenue162 M154.3 M51.7 M
Slightly volatile
Long Term Debt Total1.1 M1.2 M222.2 M
Slightly volatile
Capital Surpluse23.4 M21.8 M30.5 M
Slightly volatile
Cash And Equivalents454 M432.4 M183.3 M
Slightly volatile
Net Invested Capital1.3 B1.5 B1.1 B
Slightly volatile
Net Working Capital163.4 M123.8 M95.6 M
Slightly volatile
Capital Stock1.1 BBB
Slightly volatile
Non Current Liabilities Other4.3 M4.4 M2.5 M
Slightly volatile
Capital Lease Obligations33.6 M32 M8.2 M
Slightly volatile

Torex Gold Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization212.5 M202.4 M99.5 M
Slightly volatile
Selling General Administrative25.6 M24.4 M16.7 M
Slightly volatile
Other Operating Expenses664.9 M633.2 M306.9 M
Slightly volatile
Total Operating Expenses22.2 M33.1 M31.1 M
Pretty Stable
Selling And Marketing Expenses62.6 M59.6 M49.6 M
Slightly volatile
Research Development1.1 M1.2 M1.3 M
Slightly volatile
Interest Income20.5 M13.8 M17.8 M
Slightly volatile
Reconciled Depreciation190.9 M202.4 M133.2 M
Slightly volatile

Torex Gold Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow394.8 M376 M163.8 M
Slightly volatile
Capital Expenditures503.5 M479.5 M191.5 M
Slightly volatile
End Period Cash Flow109.7 M172.8 M155.3 M
Pretty Stable
Depreciation212.5 M202.4 M99.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.031.088511.1 K
Slightly volatile
Days Sales Outstanding3.974.1769652
Slightly volatile
Average Payables13.1 K18.4 K16.2 K
Slightly volatile
Capex To Depreciation2.252.369155.777
Slightly volatile
EV To Sales0.880.92911.1 K
Slightly volatile
Inventory Turnover4.693.14384.0268
Slightly volatile
Days Of Inventory On Hand70.7411692.3338
Slightly volatile
Payables Turnover3.713.94064.2484
Slightly volatile
Sales General And Administrative To Revenue0.04040.02760.0418
Slightly volatile
Average Inventory0.470.450.4815
Pretty Stable
Capex To Revenue0.520.543321.8683
Slightly volatile
Cash Per Share1.31.98242.4616
Pretty Stable
Days Payables Outstanding89.6792.625687.6572
Slightly volatile
Current Ratio1.371.439513.8251
Slightly volatile
Receivables Turnover83.0287.38612.7 K
Slightly volatile
Graham Number31.5930.083214.7865
Slightly volatile
Debt To Equity0.04610.04850.1906
Very volatile
Capex Per Share5.785.50112.3448
Slightly volatile
Average Receivables46.6 K44.4 K45.6 K
Slightly volatile
Revenue Per Share10.6310.12566.0372
Slightly volatile
Interest Debt Per Share0.02180.02291.5329
Very volatile
Debt To Assets0.03480.03660.1219
Pretty Stable
Operating Cycle10712099.4184
Very volatile
Days Of Payables Outstanding89.6792.625687.6572
Slightly volatile
Long Term Debt To Capitalization0.0430.04530.1256
Pretty Stable
Total Debt To Capitalization0.04420.04650.1375
Very volatile
Debt Equity Ratio0.04610.04850.1906
Very volatile
Quick Ratio0.940.990113.5001
Slightly volatile
Net Income Per E B T0.910.88720.8259
Slightly volatile
Cash Ratio0.580.613413.0771
Slightly volatile
Days Of Inventory Outstanding70.7411692.3338
Slightly volatile
Days Of Sales Outstanding3.974.1769652
Slightly volatile
Fixed Asset Turnover0.670.706639.319
Slightly volatile
Debt Ratio0.03480.03660.1219
Pretty Stable
Price Sales Ratio1.031.088511.1 K
Slightly volatile
Asset Turnover0.250.48080.3494
Slightly volatile
Gross Profit Margin0.580.54910.3694
Pretty Stable

Torex Gold Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB960.7 M929.1 M
Slightly volatile
Enterprise Value422.7 M819.9 M838.8 M
Pretty Stable

Torex Fundamental Market Drivers

Forward Price Earnings8.6806
Cash And Short Term Investments172.8 M

About Torex Gold Financial Statements

Torex Gold investors utilize fundamental indicators, such as revenue or net income, to predict how Torex Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue154.3 M162 M
Total Revenue882.6 M926.7 M
Cost Of Revenue600.1 M349.4 M
Sales General And Administrative To Revenue 0.03  0.04 
Capex To Revenue 0.54  0.52 
Revenue Per Share 10.13  10.63 
Ebit Per Revenue 0.51  0.54 

Pair Trading with Torex Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Torex Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Torex Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Torex Stock

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  0.85FDY Faraday Copper CorpPairCorr

Moving against Torex Stock

  0.36INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Torex Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Torex Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Torex Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Torex Gold Resources to buy it.
The correlation of Torex Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Torex Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Torex Gold Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Torex Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Torex Stock

Torex Gold financial ratios help investors to determine whether Torex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Torex with respect to the benefits of owning Torex Gold security.