Golden Arrow Resources Balance Sheet Health
Financial Health criteria checks 5/6
Golden Arrow Resources has a total shareholder equity of CA$3.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.9M and CA$3.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$791.42k |
| Equity | CA$3.47m |
| Total liabilities | CA$3.40m |
| Total assets | CA$6.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRG's short term assets (CA$1.4M) exceed its short term liabilities (CA$805.1K).
Long Term Liabilities: GRG's short term assets (CA$1.4M) do not cover its long term liabilities (CA$2.6M).
Debt to Equity History and Analysis
Debt Level: GRG is debt free.
Reducing Debt: GRG has no debt compared to 5 years ago when its debt to equity ratio was 36.7%.
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: GRG has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GRG is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.