GT Resources Balance Sheet Health
Financial Health criteria checks 6/6
GT Resources has a total shareholder equity of CA$10.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$12.1M and CA$1.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$11.78m |
| Equity | CA$10.87m |
| Total liabilities | CA$1.26m |
| Total assets | CA$12.13m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GT's short term assets (CA$12.1M) exceed its short term liabilities (CA$1.3M).
Long Term Liabilities: GT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GT is debt free.
Reducing Debt: GT has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GT has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 29.1% each year.