XAU Resources Balance Sheet Health
Financial Health criteria checks 6/6
XAU Resources has a total shareholder equity of CA$219.4K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$242.0K and CA$22.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$242.01k |
Equity | CA$219.40k |
Total liabilities | CA$22.61k |
Total assets | CA$242.01k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIG's short term assets (CA$242.0K) exceed its short term liabilities (CA$22.6K).
Long Term Liabilities: GIG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GIG is debt free.
Reducing Debt: GIG has not had any debt for 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: GIG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GIG has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 41.6% each year.