Goldsource Mines Balance Sheet Health
Financial Health criteria checks 4/6
Goldsource Mines has a total shareholder equity of CA$7.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.3M and CA$1.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.45m |
Equity | CA$7.92m |
Total liabilities | CA$1.36m |
Total assets | CA$9.28m |
Financial Position Analysis
Short Term Liabilities: GXS's short term assets (CA$1.8M) exceed its short term liabilities (CA$306.6K).
Long Term Liabilities: GXS's short term assets (CA$1.8M) exceed its long term liabilities (CA$1.1M).
Debt to Equity History and Analysis
Debt Level: GXS is debt free.
Reducing Debt: GXS had no debt 5 years ago.
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: GXS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GXS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.6% each year