Green Shift Commodities Balance Sheet Health

Financial Health criteria checks 6/6

Green Shift Commodities has a total shareholder equity of CA$9.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.9M and CA$673.4K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$9.38m
Equity	CA$9.23m
Total liabilities	CA$673.44k
Total assets	CA$9.90m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GCOM's short term assets (CA$9.5M) exceed its short term liabilities (CA$547.6K).

Long Term Liabilities: GCOM's short term assets (CA$9.5M) exceed its long term liabilities (CA$125.8K).

Debt to Equity History and Analysis

Debt Level: GCOM is debt free.

Reducing Debt: GCOM has no debt compared to 5 years ago when its debt to equity ratio was 203.1%.

Debt Coverage: GCOM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GCOM has no debt, therefore coverage of interest payments is not a concern.

Green Shift Commodities Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Lion Critical Elements Corp. completed the acquisition of LFP Resources Corp. from Green Shift Commodities Ltd. (TSXV:GCOM).

Lion Critical Elements Corp. has entered into a definitive agreement to acquire Lfp Resources Corp. from Green Shift Commodities Ltd. (TSXV:GCOM) for $1.1 million.

Green Shift Commodities Ltd. announced that it has received CAD 2.09687 million in funding

An undisclosed buyer completed the acquisition of 1000871349 Ontario Inc. from Green Shift Commodities Ltd. (TSXV:GCOM).

Green Shift Commodities Ltd. announced that it expects to receive CAD 2 million in funding

Green Shift Commodities Ltd. Completes Initial Sampling Program At the Armstrong Lithium Project in Ontario

New major risk - Revenue and earnings growth

Green Shift Commodities Ltd. Announces Richard Spencer Resigns from the Board of Directors

New major risk - Share price stability

Green Shift Commodities Ltd. (TSXV:GCOM) completed the acquisition of 25% stake in Pampa Litio, S.A. from NewPeak Metals Limited (ASX:NPM).

Less than half of directors are independent

Green Shift Commodities Ltd. announced that it has received CAD 2.307056 million in funding from Mega Uranium Ltd. and other investors

Green Shift Commodities Ltd. announced that it expects to receive CAD 1.5 million in funding

Green Shift Commodities Ltd. (TSXV:GCOM) entered into definitive purchase agreement to acquire Lithium Land Package in Argentina for $0.075 million cash and 17.5 million shares.

Green Shift Commodities Ltd. Provides Metallurgical Update for Berlin Deposit with High Recoveries Through Membrane Technology

U3O8 Corp. Announces Management Changes

U3O8 Corp. announced that it has received CAD 2.49996 million in funding from Mega Uranium Ltd. and other investors

High number of new directors

U3O8 Corp. announced that it expects to receive CAD 2 million in funding

U3O8 Corp., Annual General Meeting, Jun 30, 2022

International Consolidated Uranium Inc. (TSXV:CUR) completed the acquisition of Laguna Salada Project in Argentina.

U3O8 Corp Announces Positive Start to Studies Designed to Improve the Bot Om Line of Berlin Project

U3O8 Corp. announced that it has received CAD 1 million in funding

U3O8 Corp. announced that it expects to receive CAD 0.5 million in funding

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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