Great Northern Minerals Limited

ASX:GNM Stock Report

Market Cap: AU$2.3m

Great Northern Minerals Balance Sheet Health

Financial Health criteria checks 3/6

Great Northern Minerals has a total shareholder equity of A$1.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.7M and A$2.3M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$230.20k
EquityAU$1.42m
Total liabilitiesAU$2.33m
Total assetsAU$3.75m

Recent financial health updates

No updates

Recent updates

Are Insiders Buying Great Northern Minerals Limited (ASX:GNM) Stock?

Jan 31
Are Insiders Buying Great Northern Minerals Limited (ASX:GNM) Stock?

Financial Position Analysis

Short Term Liabilities: GNM's short term assets (A$356.2K) exceed its short term liabilities (A$112.5K).

Long Term Liabilities: GNM's short term assets (A$356.2K) do not cover its long term liabilities (A$2.2M).


Debt to Equity History and Analysis

Debt Level: GNM is debt free.

Reducing Debt: GNM 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: GNM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GNM has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.3% each year.


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