Torex Gold Resources Stock Total Debt

TXG Stock  CAD 28.63  0.09  0.32%   
Torex Gold Resources fundamentals help investors to digest information that contributes to Torex Gold's financial success or failures. It also enables traders to predict the movement of Torex Stock. The fundamental analysis module provides a way to measure Torex Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Torex Gold stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Torex Gold Resources Company Total Debt Analysis

Torex Gold's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current Torex Gold Total Debt

    
  32 M  
Most of Torex Gold's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Torex Gold Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

Based on the latest financial disclosure, Torex Gold Resources has a Total Debt of 32 M. This is 98.45% lower than that of the Metals & Mining sector and 96.12% lower than that of the Materials industry. The total debt for all Canada stocks is 99.4% higher than that of the company.

Torex Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Torex Gold's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Torex Gold could also be used in its relative valuation, which is a method of valuing Torex Gold by comparing valuation metrics of similar companies.
Torex Gold is currently under evaluation in total debt category among its peers.

Torex Fundamentals

About Torex Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Torex Gold Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Torex Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Torex Gold Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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.