Golcap Resources Balance Sheet Health
Financial Health criteria checks 3/6
Golcap Resources has a total shareholder equity of CA$1.4M and total debt of CA$5.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CA$1.6M and CA$233.5K respectively.
Key information
0.4%
Debt to equity ratio
CA$5.01k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$235.51k |
| Equity | CA$1.37m |
| Total liabilities | CA$233.47k |
| Total assets | CA$1.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCP's short term assets (CA$408.8K) exceed its short term liabilities (CA$233.5K).
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 13.1% each year.