Winshear Gold Balance Sheet Health

Financial Health criteria checks 6/6

Winshear Gold has a total shareholder equity of CA$2.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.1M and CA$215.3K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$3.02m
Equity	CA$2.85m
Total liabilities	CA$215.30k
Total assets	CA$3.07m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: WINS's short term assets (CA$3.1M) exceed its short term liabilities (CA$215.3K).

Long Term Liabilities: WINS has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: WINS is debt free.

Reducing Debt: WINS has not had any debt for past 5 years.

Debt Coverage: WINS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: WINS has no debt, therefore coverage of interest payments is not a concern.

Winshear Gold Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Winshear Gold Corp., Annual General Meeting, Dec 19, 2024

Winshear Gold Corp. Announces the Appointment of Patricio Varas to the Board of Directors

New major risk - Share price stability

Winshear Gold Corp. Commences Construction of Drill Roads and Field Camp Ahead of Its Maiden 1,600m Drill Program At the Gaban Gold Project in Peru

Winshear Gold Corp. Announces President Changes

New major risk - Share price stability

New major risk - Revenue and earnings growth

Chief Financial Officer exercised options to buy CA$140k worth of stock.

Independent Chairman exercised options to buy CA$179k worth of stock.

Winshear and United Republic of Tanzania Conclude USD 30 Million Settlement Agreement

Winshear and United Republic of Tanzania Conclude USD 30 Million Settlement Agreement

Winshear Gold Corp., Annual General Meeting, Nov 03, 2023

Winshear Gold Corp. announced that it has received CAD 0.585 million in funding

Less than half of directors are independent

Less than half of directors are independent

Winshear Secures DIA for Initial Drill Program At Its Gaban Gold Project in Peru

Winshear Gold Corp. Appoints Danièle Spethmann to Board of Directors

Winshear Gold Corp. announced that it has received CAD 0.6513 million in funding from Palamina Corp.,

Winshear Gold Corp. announced that it has received CAD 0.6513 million in funding from Palamina Corp.

Winshear Gold Corp., Annual General Meeting, Sep 30, 2022

Winshear Gold Corp. Provides the Corporate and Exploration Updates

Winshear Gold Corp. announced that it expects to receive CAD 0.5 million in funding

Winshear Gold Corp. announced that it has received CAD 0.7536 million in funding from Palamina Corp. and other investors

CFO & Corporate Secretary has left the company

Winshear Gold Corp Appoints Krysta Chapman as Chief Financial Officer

Winshear Gold Corp. Expands the Coritiri Gold Zone and Initiates Drill Permitting at the Gaban Gold Project in Peru

WinshearGold Corp. Provides Update on Arbitration Activities Related to the Expropriation of the Smp Gold Project by the Government of Tanzania

Winshear Gold Corp Announces Results from an Additional 69 Channel Samples At the Coritiri Target Within the Gaban Gold Project in South-Eastern Peru

Helio Resource Corp. (TSXV:HRC) completed the acquisition of Gaban gold project and Tinka Iron Oxide Copper Gold project in Peru from Palamina Corp. (TSXV:PA).

Winshear Gold Corp. announced that it has received CAD 1.32 million in funding

Winshear Gold Corp. announced that it expects to receive CAD 0.75 million in funding

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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