Galleon Gold Balance Sheet Health
Financial Health criteria checks 2/6
Galleon Gold has a total shareholder equity of CA$24.3M and total debt of CA$1.5M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CA$32.4M and CA$8.1M respectively.
Key information
6.3%
Debt to equity ratio
CA$1.53m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.58m |
| Equity | CA$24.26m |
| Total liabilities | CA$8.13m |
| Total assets | CA$32.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3H90's short term assets (CA$2.8M) do not cover its short term liabilities (CA$4.0M).
Long Term Liabilities: 3H90's short term assets (CA$2.8M) do not cover its long term liabilities (CA$4.1M).
Debt to Equity History and Analysis
Debt Level: 3H90 has more cash than its total debt.
Reducing Debt: 3H90's debt to equity ratio has increased from 0% to 6.3% 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: 3H90 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3H90 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.5% each year