GT Resources Balance Sheet Health
Financial Health criteria checks 6/6
GT Resources has a total shareholder equity of CA$9.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.5M and CA$640.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$9.92m |
| Equity | CA$9.86m |
| Total liabilities | CA$640.47k |
| Total assets | CA$10.50m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GT's short term assets (CA$10.5M) exceed its short term liabilities (CA$640.5K).
Long Term Liabilities: GT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GT is debt free.
Reducing Debt: GT had no debt 5 years ago.
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 1.9 years if free cash flow continues to reduce at historical rates of 23.9% each year.