GoldMining Balance Sheet Health
Financial Health criteria checks 4/6
GoldMining has a total shareholder equity of CA$116.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$121.5M and CA$4.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$11.11m |
| Equity | CA$116.65m |
| Total liabilities | CA$4.87m |
| Total assets | CA$121.52m |
Recent financial health updates
Will GoldMining (TSE:GOLD) Spend Its Cash Wisely?
Sep 16
Is GoldMining (TSE:GOLD) In A Good Position To Invest In Growth?
Mar 12Here's Why GoldMining (TSE:GOLD) Can Afford Some Debt
Mar 15GoldMining (TSE:GOLD) Is Carrying A Fair Bit Of Debt
Nov 22We Think GoldMining (TSE:GOLD) Has A Fair Chunk Of Debt
Jul 30Recent updates
Will GoldMining (TSE:GOLD) Spend Its Cash Wisely?
Sep 16Is GoldMining (TSE:GOLD) In A Good Position To Invest In Growth?
Mar 12Here's Why GoldMining (TSE:GOLD) Can Afford Some Debt
Mar 15GoldMining (TSE:GOLD) Is Carrying A Fair Bit Of Debt
Nov 22We Think GoldMining (TSE:GOLD) Has A Fair Chunk Of Debt
Jul 30Financial Position Analysis
Short Term Liabilities: GOLD's short term assets (CA$14.1M) exceed its short term liabilities (CA$3.4M).
Long Term Liabilities: GOLD's short term assets (CA$14.1M) exceed its long term liabilities (CA$1.5M).
Debt to Equity History and Analysis
Debt Level: GOLD is debt free.
Reducing Debt: GOLD has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
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: GOLD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GOLD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.6% each year