Gold Mountain Mining Balance Sheet Health
Financial Health criteria checks 4/6
Gold Mountain Mining has a total shareholder equity of CA$33.8M and total debt of CA$5.1M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CA$50.2M and CA$16.4M respectively.
Key information
15.1%
Debt to equity ratio
CA$5.10m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$66.33k |
| Equity | CA$33.81m |
| Total liabilities | CA$16.41m |
| Total assets | CA$50.22m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMTN's short term assets (CA$410.3K) do not cover its short term liabilities (CA$5.5M).
Long Term Liabilities: GMTN's short term assets (CA$410.3K) do not cover its long term liabilities (CA$10.9M).
Debt to Equity History and Analysis
Debt Level: GMTN's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: GMTN's debt to equity ratio has reduced from 963.3% to 15.1% over the 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: GMTN has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GMTN is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.