Gungnir Resources Balance Sheet Health
Financial Health criteria checks 6/6
Gungnir Resources has a total shareholder equity of CA$4.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.9M and CA$5.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.06m |
| Equity | CA$4.86m |
| Total liabilities | CA$5.08k |
| Total assets | CA$4.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUG's short term assets (CA$1.1M) exceed its short term liabilities (CA$5.1K).
Long Term Liabilities: GUG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GUG is debt free.
Reducing Debt: GUG 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: GUG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GUG has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 39.9% each year.