Golden Goliath Resources Balance Sheet Health
Financial Health criteria checks 5/6
Golden Goliath Resources has a total shareholder equity of CA$3.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.9M and CA$203.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$12.74k |
Equity | CA$3.74m |
Total liabilities | CA$203.52k |
Total assets | CA$3.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNG's short term assets (CA$99.2K) do not cover its short term liabilities (CA$203.5K).
Long Term Liabilities: GNG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GNG is debt free.
Reducing Debt: GNG 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: GNG has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GNG is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.