GoGold Resources Balance Sheet Health
Financial Health criteria checks 6/6
GoGold Resources has a total shareholder equity of $283.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $308.2M and $24.5M respectively. GoGold Resources's EBIT is $178.0K making its interest coverage ratio -0. It has cash and short-term investments of $76.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -0.04x |
| Cash | US$76.43m |
| Equity | US$283.65m |
| Total liabilities | US$24.55m |
| Total assets | US$308.19m |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To GoGold Resources Inc. (TSE:GGD) With Shares Advancing 32%
Oct 05
Investors Still Waiting For A Pull Back In GoGold Resources Inc. (TSE:GGD)
Aug 01We're Hopeful That GoGold Resources (TSE:GGD) Will Use Its Cash Wisely
Jun 05Why Investors Shouldn't Be Surprised By GoGold Resources Inc.'s (TSE:GGD) 26% Share Price Surge
Apr 27The Price Is Right For GoGold Resources Inc. (TSE:GGD) Even After Diving 31%
Feb 28Analyst Forecasts Just Became More Bearish On GoGold Resources Inc. (TSE:GGD)
Feb 10GoGold Resources Inc.'s (TSE:GGD) Popularity With Investors Is Clear
Dec 24GoGold Resources Inc.'s (TSE:GGD) P/S Still Appears To Be Reasonable
May 18Is There An Opportunity With GoGold Resources Inc.'s (TSE:GGD) 20% Undervaluation?
Mar 08We Take A Look At Why GoGold Resources Inc.'s (TSE:GGD) CEO Has Earned Their Pay Packet
Mar 18News Flash: Analysts Just Made An Upgrade To Their GoGold Resources Inc. (TSE:GGD) Forecasts
Mar 17GoGold Resources Inc. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Feb 12What You Need To Know About The GoGold Resources Inc. (TSE:GGD) Analyst Downgrade Today
Feb 10What Does The Future Hold For GoGold Resources Inc. (TSE:GGD)? These Analysts Have Been Cutting Their Estimates
Jan 07GoGold Resources Inc.'s (TSE:GGD) Intrinsic Value Is Potentially 74% Above Its Share Price
Oct 14Financial Position Analysis
Short Term Liabilities: GGD's short term assets ($105.0M) exceed its short term liabilities ($13.5M).
Long Term Liabilities: GGD's short term assets ($105.0M) exceed its long term liabilities ($11.1M).
Debt to Equity History and Analysis
Debt Level: GGD is debt free.
Reducing Debt: GGD had no debt 5 years ago.
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: GGD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GGD has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 15.9% each year.