Gunpoint Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Gunpoint Exploration has a total shareholder equity of CA$6.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.3M and CA$351.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.37m |
| Equity | CA$6.95m |
| Total liabilities | CA$351.00k |
| Total assets | CA$7.30m |
Recent financial health updates
Gunpoint Exploration (CVE:GUN) Is In A Strong Position To Grow Its Business
Aug 08
We Think Gunpoint Exploration (CVE:GUN) Can Afford To Drive Business Growth
Apr 05Is Gunpoint Exploration (CVE:GUN) In A Good Position To Invest In Growth?
Dec 22Here's Why We're Watching Gunpoint Exploration's (CVE:GUN) Cash Burn Situation
Jul 14We Think Gunpoint Exploration (CVE:GUN) Can Easily Afford To Drive Business Growth
Mar 31Recent updates
Gunpoint Exploration (CVE:GUN) Is In A Strong Position To Grow Its Business
Aug 08We Think Gunpoint Exploration (CVE:GUN) Can Afford To Drive Business Growth
Apr 05Is Gunpoint Exploration (CVE:GUN) In A Good Position To Invest In Growth?
Dec 22Here's Why We're Watching Gunpoint Exploration's (CVE:GUN) Cash Burn Situation
Jul 14We Think Gunpoint Exploration (CVE:GUN) Can Easily Afford To Drive Business Growth
Mar 31Financial Position Analysis
Short Term Liabilities: GUN's short term assets (CA$1.4M) exceed its short term liabilities (CA$35.0K).
Long Term Liabilities: GUN's short term assets (CA$1.4M) exceed its long term liabilities (CA$316.0K).
Debt to Equity History and Analysis
Debt Level: GUN is debt free.
Reducing Debt: GUN has no debt compared to 5 years ago when its debt to equity ratio was 16%.
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: GUN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GUN has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 25.8% each year.