Goldshore Resources Balance Sheet Health
Financial Health criteria checks 3/6
Goldshore Resources has a total shareholder equity of CA$82.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$94.8M and CA$12.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$5.27m |
Equity | CA$82.10m |
Total liabilities | CA$12.72m |
Total assets | CA$94.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSHR's short term assets (CA$5.5M) exceed its short term liabilities (CA$744.6K).
Long Term Liabilities: GSHR's short term assets (CA$5.5M) do not cover its long term liabilities (CA$12.0M).
Debt to Equity History and Analysis
Debt Level: GSHR is debt free.
Reducing Debt: GSHR 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: GSHR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GSHR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.7% each year