Go Metals Balance Sheet Health
Financial Health criteria checks 4/6
Go Metals has a total shareholder equity of CA$939.5K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.0M and CA$106.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$382.95k |
Equity | CA$939.52k |
Total liabilities | CA$106.03k |
Total assets | CA$1.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GOCO's short term assets (CA$767.0K) exceed its short term liabilities (CA$106.0K).
Long Term Liabilities: GOCO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GOCO is debt free.
Reducing Debt: GOCO has no debt compared to 5 years ago when its debt to equity ratio was 5%.
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: GOCO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GOCO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.9% each year