Goldquest Mining Balance Sheet Health
Financial Health criteria checks 6/6
Goldquest Mining has a total shareholder equity of CA$9.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.1M and CA$195.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$9.84m |
| Equity | CA$9.88m |
| Total liabilities | CA$194.96k |
| Total assets | CA$10.07m |
Recent financial health updates
Companies Like Goldquest Mining (CVE:GQC) Are In A Position To Invest In Growth
Apr 03
Goldquest Mining (CVE:GQC) Is In A Good Position To Deliver On Growth Plans
Dec 16We're Interested To See How Goldquest Mining (CVE:GQC) Uses Its Cash Hoard To Grow
Mar 19We're Not Worried About Goldquest Mining's (CVE:GQC) Cash Burn
Dec 03We're Not Worried About Goldquest Mining's (CVE:GQC) Cash Burn
Jul 21We're Not Worried About Goldquest Mining's (CVE:GQC) Cash Burn
Mar 22Recent updates
Companies Like Goldquest Mining (CVE:GQC) Are In A Position To Invest In Growth
Apr 03Goldquest Mining (CVE:GQC) Is In A Good Position To Deliver On Growth Plans
Dec 16We're Interested To See How Goldquest Mining (CVE:GQC) Uses Its Cash Hoard To Grow
Mar 19We're Not Worried About Goldquest Mining's (CVE:GQC) Cash Burn
Dec 03We're Not Worried About Goldquest Mining's (CVE:GQC) Cash Burn
Jul 21We're Not Worried About Goldquest Mining's (CVE:GQC) Cash Burn
Mar 22Here's Why We're Not At All Concerned With Goldquest Mining's (CVE:GQC) Cash Burn Situation
Dec 07We're Interested To See How Goldquest Mining (CVE:GQC) Uses Its Cash Hoard To Grow
Aug 17Goldquest Mining (CVE:GQC) Is In A Strong Position To Grow Its Business
Apr 16Companies Like Goldquest Mining (CVE:GQC) Can Afford To Invest In Growth
Jan 01Financial Position Analysis
Short Term Liabilities: GQC's short term assets (CA$10.0M) exceed its short term liabilities (CA$195.0K).
Long Term Liabilities: GQC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GQC is debt free.
Reducing Debt: GQC 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: GQC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GQC has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 25.8% each year.