Generic Gold Balance Sheet Health
Financial Health criteria checks 6/6
Generic Gold has a total shareholder equity of CA$621.2K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$869.5K and CA$248.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$822.97k |
Equity | CA$621.23k |
Total liabilities | CA$248.32k |
Total assets | CA$869.55k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGC's short term assets (CA$869.5K) exceed its short term liabilities (CA$248.3K).
Long Term Liabilities: GGC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GGC is debt free.
Reducing Debt: GGC has not had any debt for 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: GGC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GGC has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 7.1% each year.