Tanzanian Royalty Financials

TRX Stock  USD 0.35  0.01  2.78%   
Based on the key measurements obtained from Tanzanian Royalty's financial statements, Tanzanian Royalty Exploration is doing better financially today then in previous quarter. It has a moderate likelihood of reporting better financial numbers in December. At this time, Tanzanian Royalty's Non Current Liabilities Total is fairly stable compared to the past year. Inventory is likely to rise to about 6 M in 2024, despite the fact that Net Debt is likely to grow to (6.4 M). Key indicators impacting Tanzanian Royalty's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.190.18
Notably Up
Slightly volatile
Current Ratio1.051.11
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Tanzanian Royalty includes many different criteria found on its balance sheet. An individual investor should monitor Tanzanian Royalty's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Tanzanian Royalty.

Net Income

2.13 Million

  
Understanding current and past Tanzanian Royalty Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tanzanian Royalty's financial statements are interrelated, with each one affecting the others. For example, an increase in Tanzanian Royalty's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tanzanian Royalty's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tanzanian Royalty Exploration. Check Tanzanian Royalty's Beneish M Score to see the likelihood of Tanzanian Royalty's management manipulating its earnings.

Tanzanian Royalty Stock Summary

Tanzanian Royalty competes with Fortitude Gold, New Gold, Galiano Gold, GoldMining, and IAMGold. TRX Gold Corporation engages in the acquisition, financing, exploration, and development of mineral property interests in the United Republic of Tanzania. TRX Gold Corporation was incorporated in 1990 and is based in Toronto, Canada. Trx Gold operates under Gold classification in the United States and is traded on AMEX Exchange.
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINCA87601A1075
CUSIP87600U104 87283P109 87601A107 87535D102
LocationOntario; Canada
Business Address277 Lakeshore Road
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.trxgold.com
Phone844 364 1830
CurrencyUSD - US Dollar

Tanzanian Royalty Key Financial Ratios

Tanzanian Royalty Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets38.1M56.5M71.8M84.2M96.8M101.7M
Other Current Liab474.0K5.7M6.8M3.5M4.1M4.3M
Net Debt1.1M(13.4M)(8.5M)(7.5M)(6.8M)(6.4M)
Retained Earnings(113.9M)(117.5M)(123.7M)(121.4M)(109.3M)(103.8M)
Accounts Payable5.0M1.7M7.9M11.6M13.3M14.0M
Cash4.0M13.4M8.5M7.6M8.8M5.0M
Net Receivables546.0K460K2.5M3.1M3.6M3.8M
Inventory724.7K1.2M3.6M5.0M5.7M6.0M
Other Current Assets78K332K1.2M1.5M1.7M1.8M
Total Liab13.2M10.1M20.7M23.1M26.6M27.9M
Total Current Assets5.4M15.4M15.9M17.2M19.8M20.8M
Other Liab5.2M3.5M2.7M3.4M4.0M4.1M
Net Tangible Assets17.8M32.8M48.0M48.8M56.1M58.9M
Short Term Debt5.8M5.2M5.1M65K74.8K71.0K
Common Stock136.4M158.1M163.9M164.8M189.5M199.0M
Net Invested Capital39.5M48.0M48.8M53.9M62.0M46.7M
Net Working Capital(6.8M)8.0M(1.4M)(617K)(709.6K)(745.0K)
Capital Stock136.4M158.1M163.9M164.8M189.5M151.7M

Tanzanian Royalty Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense2.6M7K14K1.7M2.0M2.1M
Gross Profit(226.2K)(332.4K)9.4M18.2M20.9M22.0M
Operating Income(9.0M)(11.4M)32K10.6M9.5M10.0M
Ebit(13.1M)(6.4M)(2.0M)14.1M12.7M13.3M
Ebitda(12.9M)(6.0M)(1.9M)15.4M13.9M14.6M
Income Before Tax(12.4M)(5.3M)(1.9M)12.4M11.1M11.7M
Net Income(14.4M)(3.1M)(2.3M)2.3M2.0M2.1M
Income Tax Expense2.0M(2.2M)436K5.3M4.8M5.0M
Cost Of Revenue226.2K332.4K5.7M20.1M23.1M24.3M
Minority Interest(361.6K)1.3M(3.9M)(4.8M)(4.3M)(4.1M)
Interest Income1.8M3.6M6.2M2.2M2.5M3.1M
Net Interest Income(4.6M)(703K)(307K)(1.7M)(2.0M)(2.1M)

Tanzanian Royalty Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Tanzanian Royalty. It measures of how well Tanzanian is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Tanzanian Royalty brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Tanzanian had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Tanzanian Royalty has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash1.5M9.4M(5.0M)(847K)(974.1K)(925.3K)
Free Cash Flow(13.9M)(16.7M)(9.7M)(460K)(414K)(434.7K)
Depreciation226.2K286K122K1.4M1.6M1.6M
Other Non Cash Items1.1M1.7M5.5M(3.4M)(3.9M)(3.7M)
Capital Expenditures7.3M9.1M12.7M17.8M20.5M21.5M
Net Income(12.4M)(5.3M)(2.3M)7.0M6.3M6.7M
End Period Cash Flow4.0M13.4M8.5M7.6M8.8M5.0M
Change To Inventory(325.1K)(453K)(2.2M)(868K)(781.2K)(742.1K)
Investments(9.1M)(6.6M)(13.9M)(17.9M)(16.1M)(15.3M)
Net Borrowings3.1M1.9M15.0M973K1.1M1.2M
Change To Netincome2.9M5.4M(3.7M)8.7M9.9M10.4M

Tanzanian Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Tanzanian Royalty's current stock value. Our valuation model uses many indicators to compare Tanzanian Royalty value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tanzanian Royalty competition to find correlations between indicators driving Tanzanian Royalty's intrinsic value. More Info.
Tanzanian Royalty Exploration is rated second in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers reporting about  1.46  of Return On Asset per Return On Equity. At this time, Tanzanian Royalty's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tanzanian Royalty's earnings, one of the primary drivers of an investment's value.

Tanzanian Royalty Systematic Risk

Tanzanian Royalty's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tanzanian Royalty volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tanzanian Royalty correlated with the market. If Beta is less than 0 Tanzanian Royalty generally moves in the opposite direction as compared to the market. If Tanzanian Royalty Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tanzanian Royalty is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tanzanian Royalty is generally in the same direction as the market. If Beta > 1 Tanzanian Royalty moves generally in the same direction as, but more than the movement of the benchmark.

Tanzanian Royalty Thematic Clasifications

Tanzanian Royalty Exploration is part of Precious Metals investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Precious Metals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Precious MetalsView
This theme covers USA Equities from Precious Metals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Tanzanian Royalty Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tanzanian Royalty's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Tanzanian Royalty growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.29)

At this time, Tanzanian Royalty's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Tanzanian Royalty November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Tanzanian Royalty help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tanzanian Royalty Exploration. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tanzanian Royalty Exploration based on widely used predictive technical indicators. In general, we focus on analyzing Tanzanian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tanzanian Royalty's daily price indicators and compare them against related drivers.

Additional Tools for Tanzanian Stock Analysis

When running Tanzanian Royalty's price analysis, check to measure Tanzanian Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanzanian Royalty is operating at the current time. Most of Tanzanian Royalty's value examination focuses on studying past and present price action to predict the probability of Tanzanian Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanzanian Royalty's price. Additionally, you may evaluate how the addition of Tanzanian Royalty to your portfolios can decrease your overall portfolio volatility.