GT Resources Balance Sheet Health
Financial Health criteria checks 6/6
GT Resources has a total shareholder equity of CA$10.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$11.2M and CA$534.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$10.74m |
Equity | CA$10.70m |
Total liabilities | CA$534.92k |
Total assets | CA$11.24m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GT's short term assets (CA$11.2M) exceed its short term liabilities (CA$534.9K).
Long Term Liabilities: GT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GT is debt free.
Reducing Debt: GT currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: GT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GT has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 39% each year.