Golden Horse Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Golden Horse Minerals has a total shareholder equity of CA$8.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.6M and CA$1.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.93m |
Equity | CA$8.44m |
Total liabilities | CA$1.18m |
Total assets | CA$9.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GHML's short term assets (CA$2.4M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: GHML has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GHML is debt free.
Reducing Debt: GHML currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: GHML has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GHML is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.