Gold Port Balance Sheet Health

Financial Health criteria checks 6/6

Gold Port has a total shareholder equity of CA$2.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.8M and CA$176.7K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$1.94m
Equity	CA$2.58m
Total liabilities	CA$176.74k
Total assets	CA$2.76m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GPO's short term assets (CA$2.0M) exceed its short term liabilities (CA$176.7K).

Long Term Liabilities: GPO has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: GPO is debt free.

Reducing Debt: GPO 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: GPO has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GPO has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 6.9% each year.

Gold Port Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Corsurex Resource Corp. Auditor Raises 'Going Concern' Doubt

Recent updates

Less than half of directors are independent

Less than half of directors are independent

New major risk - Revenue and earnings growth

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Gold Port Corporation Announces Leach Test Work Underway Using New and Innovative Leaching Process

Less than half of directors are independent

Gold Port Corporation Announces Drill Core Bulk Samples from the Groete Gold Project Received by SGS Laboratories of Lakefield, Ontario, for Leach Testing

Less than half of directors are independent

Gold Port Initiates Metallurgical Test Program

Less than half of directors are independent

Less than half of directors are independent

Gold Port Corporation Provides A Technical Update on the Groete Gold Copper Project in Guyana, South America

Less than half of directors are independent

Less than half of directors are independent

Gold Port Corporation Announces Its Company Owned Discovery I Core Rig, by Multi-Power Products Ltd of Kelowna, B.C., Has Now Arrived in Georgetown, Guyana

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Gold Port Corporation Provides a Corporate Update

New 90-day high: CA$0.26

An unknown buyer acquired an unknown stake in Lithium South Corporation from Gold Port Corporation (CNSX:GPO) for CAD 0.9 million.

Gold Port Corporation announced that it has received CAD 0.060001 million in funding

Gold Port Corporation announced that it expects to receive CAD 0.060001 million in funding

Gold Port Corporation Provides Exploration Update

Gold Port Corporation announced that it expects to receive CAD 0.75 million in funding

Corsurex Resource Corp. Auditor Raises 'Going Concern' Doubt

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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