Getty Copper Balance Sheet Health
Financial Health criteria checks 2/6
Getty Copper has a total shareholder equity of CA$3.3M and total debt of CA$2.9M, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are CA$7.0M and CA$3.7M respectively.
Key information
88.0%
Debt to equity ratio
CA$2.90m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$62.54k |
| Equity | CA$3.30m |
| Total liabilities | CA$3.75m |
| Total assets | CA$7.05m |
Recent financial health updates
Does Getty Copper (CVE:GTC) Have A Healthy Balance Sheet?
Apr 28
Here's Why Getty Copper (CVE:GTC) Can Afford Some Debt
Jul 26Is Getty Copper (CVE:GTC) A Risky Investment?
Jan 27Getty Copper (CVE:GTC) Is Carrying A Fair Bit Of Debt
Oct 14We Think Getty Copper (CVE:GTC) Has A Fair Chunk Of Debt
Jan 18Here's Why Getty Copper (CVE:GTC) Can Afford Some Debt
Sep 02Recent updates
Does Getty Copper (CVE:GTC) Have A Healthy Balance Sheet?
Apr 28Here's Why Getty Copper (CVE:GTC) Can Afford Some Debt
Jul 26Is Getty Copper (CVE:GTC) A Risky Investment?
Jan 27Getty Copper (CVE:GTC) Is Carrying A Fair Bit Of Debt
Oct 14We Think Getty Copper (CVE:GTC) Has A Fair Chunk Of Debt
Jan 18Here's Why Getty Copper (CVE:GTC) Can Afford Some Debt
Sep 02Financial Position Analysis
Short Term Liabilities: GTC's short term assets (CA$78.1K) do not cover its short term liabilities (CA$2.3M).
Long Term Liabilities: GTC's short term assets (CA$78.1K) do not cover its long term liabilities (CA$1.4M).
Debt to Equity History and Analysis
Debt Level: GTC's net debt to equity ratio (86.1%) is considered high.
Reducing Debt: GTC's debt to equity ratio has increased from 46.2% to 88% over the 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: GTC has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GTC is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.