TRX Gold Corporation (TRX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 75.83M | 35.88M | 48.29M | 29.44M | 27.21M | 22.55M | 23M | 21.89M | 20.96M | 22.34M | 22.4M | 20.71M | 23.65M | 21.26M | 20.75M | 18.54M | 20.38M | 12.96M | 15.33M | 23.12M |
| Cash & Short-Term Investments | 35.53M | 9.16M | 14.64M | 8.97M | 10.06M | 9.48M | 11.22M | 10.44M | 10.79M | 11.27M | 10.34M | 9.72M | 12.88M | 12.17M | 11.09M | 13.18M | 16.47M | 10.18M | 13.37M | 21.31M |
| Cash Only | 35.53M | 9.16M | 14.64M | 8.97M | 10.06M | 9.48M | 11.22M | 10.44M | 10.79M | 11.27M | 10.34M | 9.72M | 12.88M | 12.17M | 11.09M | 13.18M | 16.47M | 10.18M | 13.37M | 21.31M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 11.72M | 7.74M | 7.2M | 3.69M | 3.57M | 3.22M | 2.64M | 2.18M | 1.66M | 2.79M | 4.26M | 4.06M | 3.08M | 2.21M | 3.32M | 1.61M | 687.56K | 644.52K | 457.37K | 485.71K |
| Days Sales Outstanding | 18.83 | 19.41 | 21.31 | 26.78 | 33.57 | 21.28 | 11.89 | 12.78 | 18.88 | 25.02 | 31.19 | 26.2 | 17.54 | 19.12 | 29.25 | 14.58 | 14.09 | - | - | - |
| Inventory | 27.31M | 17.33M | 24.54M | 16.24M | 13.02M | 9.13M | 8.41M | 8.86M | 7.96M | 7.32M | 6.73M | 6.04M | 5.89M | 5.22M | 4.75M | 2.83M | 2.32M | 1.95M | 1.17M | 1.08M |
| Days Inventory Outstanding | 113.03 | 124.83 | 171.64 | 166.31 | 143.12 | 103.75 | 82.02 | 97.33 | 108.72 | 81.87 | 83.32 | 74.29 | 71.13 | 74.65 | 140.74 | 119.66 | 100.6 | 981.76 | 3.72K | 766.27 |
| Other Current Assets | 297.58K | 218K | 1.92M | 0 | 0 | 0 | 725.8K | 0 | 0 | 970.14K | 1.08M | 0 | 687.8K | 690.82K | 1.58M | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 140.35M | 93.67M | 173.43M | 124.68M | 126.24M | 120.86M | 113.99M | 104.29M | 98.6M | 95.46M | 101.51M | 92.78M | 84.04M | 81.39M | 73.29M | 64.16M | 59.38M | 56.33M | 40.87M | 45.08M |
| Property, Plant & Equipment | 133.46M | 89.31M | 164.9M | 117.51M | 121.18M | 115.16M | 104.79M | 98.78M | 93.13M | 90.18M | 86.85M | 85.56M | 78.97M | 74.61M | 67.58M | 64.16M | 59.38M | 56.33M | 2.47M | 2.41M |
| Fixed Asset Turnover | 0.42x | 0.28x | 0.17x | 0.10x | 0.08x | 0.11x | 0.18x | 0.14x | 0.12x | 0.14x | 0.14x | 0.15x | 0.18x | 0.19x | 0.12x | 0.12x | 0.07x | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 6.89M | 4.36M | 7.79M | 7.17M | 5.06M | 5.7M | 5.34M | 5.51M | 5.47M | 5.28M | 4.9M | 7.22M | 5.07M | 6.78M | 5.71M | 0 | 0 | 0 | 38.4M | 42.66M |
| Total Assets | 216.18M | 129.55M | 221.72M | 154.11M | 153.44M | 143.41M | 136.98M | 126.18M | 119.55M | 117.8M | 123.91M | 113.49M | 107.69M | 102.65M | 94.03M | 82.7M | 79.76M | 69.29M | 56.19M | 68.2M |
| Asset Turnover | 0.27x | 0.20x | 0.13x | 0.08x | 0.06x | 0.09x | 0.14x | 0.11x | 0.09x | 0.11x | 0.10x | 0.11x | 0.13x | 0.13x | 0.09x | 0.09x | 0.06x | - | - | - |
| Asset Growth % | 40.88% | -9.66% | 61.86% | 22.14% | 28.35% | 21.74% | 10.55% | 11.18% | 11.01% | 14.76% | 31.78% | 37.23% | 35.02% | 48.15% | 67.33% | 21.26% | 6.09% | 40.96% | 12.06% | 52.75% |
| Total Current Liabilities | 32.01M | 33.03M | 46.24M | 38.57M | 35.62M | 28.5M | 28.66M | 29.73M | 23.56M | 25.91M | 24.15M | 26.21M | 22.18M | 19.41M | 22.58M | 12.82M | 13.37M | 7.59M | 7.37M | 8.1M |
| Accounts Payable | 16.06M | 15.19M | 34.23M | 27.6M | 26.73M | 22.18M | 20.93M | 19.69M | 17.22M | 17.55M | 15.69M | 15.65M | 12M | 9.68M | 7.29M | 5.35M | 0 | 0 | 5.23M | 4.36M |
| Days Payables Outstanding | 79.13 | 147.38 | 260.3 | 308.89 | 316.12 | 254.98 | 192.9 | 213.58 | 247.41 | 193.77 | 204.53 | 172.11 | 138.71 | 127.05 | 234.66 | 248.36 | - | - | 15.85K | 3.1K |
| Short-Term Debt | 0 | 332K | 2.26M | 5.69M | 2.97M | 1.26M | 539.98K | 64.03K | 62.35K | 69K | 88.12K | 88.99K | 89.54K | 87.2K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 4.13M | 6.42M | 3.13M | 4.19M | 1.85M | 2.23M | 3.4M | 2.78M | 2.85M | 2.1M | 1.86M | 2.74M | 3.58M | 2.44M | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 737.13K | 8.01M | 1.91M | 1.11M | 884.07K | 2.03M | 3.06M | 5.75M | 2.5M | 4.53M | 4.8M | 6.98M | 6.04M | 4.99M | 12.61M | 7.14M | 13.18M | 7.59M | 2.14M | 3.74M |
| Current Ratio | 2.37x | 1.09x | 1.04x | 0.76x | 0.76x | 0.79x | 0.80x | 0.74x | 0.89x | 0.86x | 0.93x | 0.79x | 1.07x | 1.10x | 0.92x | 1.45x | 1.52x | 1.71x | 2.08x | 2.85x |
| Quick Ratio | 1.52x | 0.56x | 0.51x | 0.34x | 0.40x | 0.47x | 0.51x | 0.44x | 0.55x | 0.58x | 0.65x | 0.56x | 0.80x | 0.83x | 0.71x | 1.23x | 1.35x | 1.45x | 1.92x | 2.72x |
| Cash Conversion Cycle | 52.73 | -3.14 | -67.35 | -115.8 | -139.44 | -129.94 | -99 | -103.46 | -119.8 | -86.89 | -90.02 | -71.62 | -50.05 | -33.28 | -64.66 | -114.12 | - | - | - | - |
| Total Non-Current Liabilities | 30.71M | 22.03M | 35.47M | 20.91M | 20.75M | 19.39M | 19.4M | 11.23M | 9.35M | 8.64M | 16.99M | 8.79M | 6.89M | 5.53M | 4.5M | 3.5M | 3.52M | 3.49M | 2.67M | 3.39M |
| Long-Term Debt | 2.35M | 997K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 1.96M | 1.81M | 3.03M | 2.62M | 2.96M | 2.73M | 1.27M | 20.43K | 28.46K | 36.53K | 48.8K | 60.67K | 92.25K | 104.92K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 24.73M | 18.03M | 30.27M | 16.65M | 16.12M | 15.09M | 16.66M | 9.96M | 8.12M | 7.02M | 15.57M | 4.79M | 2.89M | 1.54M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.67M | 1.19M | 2.17M | 1.64M | 1.67M | 1.57M | 1.47M | 1.24M | 1.2M | 1.16M | 1.13M | 3.94M | 3.91M | 3.88M | 3.68M | 3.5M | 3.52M | 3.49M | 2.67M | 3.39M |
| Total Liabilities | 62.71M | 55.06M | 81.71M | 59.48M | 56.37M | 47.88M | 48.06M | 40.96M | 32.91M | 34.54M | 41.14M | 34.99M | 29.07M | 24.94M | 27.07M | 16.33M | 16.9M | 11.07M | 10.04M | 11.49M |
| Total Debt | 6.31M | 4.56M | 5.29M | 8.31M | 5.93M | 3.99M | 1.81M | 84.47K | 90.82K | 105.54K | 136.93K | 149.66K | 181.78K | 192.12K | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | -29.22M | -4.6M | -9.35M | -658.65K | -4.13M | -5.5M | -9.41M | -10.36M | -10.7M | -11.16M | -10.21M | -9.57M | -12.7M | -11.98M | -11.09M | -13.18M | -16.47M | -10.18M | -13.37M | -21.31M |
| Debt / Equity | 0.04x | 0.06x | 0.04x | 0.09x | 0.06x | 0.04x | 0.02x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | - | - | - | - | - | - |
| Debt / EBITDA | 0.26x | 0.24x | 0.42x | 2.39x | - | 0.93x | 0.22x | 0.02x | 0.03x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | - | - | - | - | - | - |
| Net Debt / EBITDA | -1.19x | -0.24x | -0.75x | -0.19x | - | -1.28x | -1.16x | -2.16x | -4.08x | -4.09x | -3.02x | -2.65x | -2.92x | -2.36x | -6.39x | -6.02x | - | - | - | - |
| Interest Coverage | -54.07x | 22.57x | - | 8.64x | -19.44x | 55.71x | 12.57x | 1.50x | 9.72x | 4.60x | 14.17x | 6.88x | 3.12x | 50.06x | - | 660.27x | -169.22x | -430.65x | - | -12.31x |
| Total Equity | 153.47M | 74.5M | 140.01M | 94.63M | 97.07M | 95.52M | 88.93M | 85.22M | 86.64M | 83.26M | 82.77M | 78.5M | 78.62M | 77.71M | 66.96M | 66.37M | 62.86M | 58.22M | 46.16M | 56.71M |
| Equity Growth % | 58.09% | -22.01% | 57.44% | 11.05% | 12.04% | 14.73% | 7.43% | 8.56% | 10.2% | 7.14% | 23.62% | 18.27% | 25.07% | 33.48% | 45.06% | 17.04% | 5.38% | 84.07% | 41.17% | 141.45% |
| Book Value per Share | 0.50 | 0.25 | 0.49 | 0.32 | 0.33 | 0.33 | 0.31 | 0.29 | 0.30 | 0.29 | 0.30 | 0.28 | 0.28 | 0.28 | 0.24 | 0.24 | 0.24 | 0.23 | 0.18 | 0.22 |
| Total Shareholders' Equity | 116.22M | 53.81M | 107.94M | 75.15M | 78.57M | 78.35M | 73.93M | 71.72M | 74.55M | 72.32M | 73.07M | 70.07M | 71.36M | 72.25M | 63.87M | 65.74M | 63.77M | 60.36M | 47.68M | 58.6M |
| Common Stock | 304.3M | 169.11M | 316.63M | 229.27M | 239.7M | 232.39M | 223.46M | 225.7M | 224.36M | 223.87M | 223.44M | 222M | 223.06M | 223.7M | 214.58M | 206.52M | 207.07M | 203.15M | 157.23M | 207.68M |
| Retained Earnings | -198.96M | -125.37M | -228M | -169.67M | -177.44M | -168.95M | -164.14M | -168.87M | -164.43M | -165.6M | -164.61M | -165.6M | -164.91M | -163.73M | -161.87M | -150.52M | -154.62M | -153.4M | -116.79M | -149.31M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 19.75M | 15.55M | 16.31M | 14.91M | 14.61M | 14.89M | 14.62M | 14.05M | 14.24M | 13.68M | 13.2M | 12.28M | 11.16M | 9.73M | 11.32M | 10.61M | 7.24M | 226.87K |
| Minority Interest | 37.25M | 20.69M | 32.07M | 19.48M | 18.5M | 17.18M | 15M | 13.5M | 12.1M | 10.94M | 9.7M | 8.42M | 7.27M | 5.46M | 3.09M | 634.99K | -907.83K | -2.14M | -1.52M | -1.89M |