G2 Goldfields Balance Sheet Health
Financial Health criteria checks 6/6
G2 Goldfields has a total shareholder equity of CA$61.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$64.0M and CA$2.8M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$22.57m |
| Equity | CA$61.19m |
| Total liabilities | CA$2.84m |
| Total assets | CA$64.04m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GTWO's short term assets (CA$22.8M) exceed its short term liabilities (CA$2.8M).
Long Term Liabilities: GTWO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GTWO is debt free.
Reducing Debt: GTWO 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: GTWO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GTWO has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 33.8% each year.