Golcap Resources Balance Sheet Health
Financial Health criteria checks 3/6
Golcap Resources has a total shareholder equity of CA$175.4K and total debt of CA$159.9K, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are CA$518.1K and CA$342.7K respectively.
Key information
91.1%
Debt to equity ratio
CA$159.90k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$239.15k |
| Equity | CA$175.43k |
| Total liabilities | CA$342.65k |
| Total assets | CA$518.09k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCP's short term assets (CA$395.3K) exceed its short term liabilities (CA$342.7K).
Long Term Liabilities: GCP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GCP has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GCP's debt to equity ratio has reduced over the past 5 years.
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: GCP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GCP has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.3% each year.