Granite Creek Copper Balance Sheet Health
Financial Health criteria checks 4/6
Granite Creek Copper has a total shareholder equity of CA$7.0M and total debt of CA$390.5K, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CA$8.8M and CA$1.9M respectively.
Key information
5.6%
Debt to equity ratio
CA$390.53k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$20.82k |
| Equity | CA$6.99m |
| Total liabilities | CA$1.86m |
| Total assets | CA$8.85m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCX's short term assets (CA$86.9K) do not cover its short term liabilities (CA$692.4K).
Long Term Liabilities: GCX's short term assets (CA$86.9K) do not cover its long term liabilities (CA$1.2M).
Debt to Equity History and Analysis
Debt Level: GCX's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: GCX's debt to equity ratio has reduced from 30.8% to 5.6% 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: GCX has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GCX is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.