General Copper Gold Balance Sheet Health
Financial Health criteria checks 3/6
General Copper Gold has a total shareholder equity of CA$2.1M and total debt of CA$33.2K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CA$2.3M and CA$275.4K respectively.
Key information
1.6%
Debt to equity ratio
CA$33.20k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.07k |
| Equity | CA$2.05m |
| Total liabilities | CA$275.39k |
| Total assets | CA$2.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGLD's short term assets (CA$7.9K) do not cover its short term liabilities (CA$275.4K).
Long Term Liabilities: GGLD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GGLD's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: GGLD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: GGLD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GGLD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.7% each year