Goliath Resources Balance Sheet Health
Financial Health criteria checks 4/6
Goliath Resources has a total shareholder equity of CA$4.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.3M and CA$1.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$5.90m |
Equity | CA$4.81m |
Total liabilities | CA$1.54m |
Total assets | CA$6.34m |
Financial Position Analysis
Short Term Liabilities: GOT's short term assets (CA$6.2M) exceed its short term liabilities (CA$1.5M).
Long Term Liabilities: GOT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GOT is debt free.
Reducing Debt: GOT 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: GOT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GOT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.4% each year