GGX Gold Balance Sheet Health
Financial Health criteria checks 0/6
GGX Gold has a total shareholder equity of CA$-1.2M and total debt of CA$653.8K, which brings its debt-to-equity ratio to -54.3%. Its total assets and total liabilities are CA$871.0K and CA$2.1M respectively.
Key information
-54.3%
Debt to equity ratio
CA$653.81k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$819.29k |
| Equity | -CA$1.20m |
| Total liabilities | CA$2.07m |
| Total assets | CA$871.03k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3SR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 3SR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3SR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 3SR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 3SR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 3SR's interest payments on its debt are well covered by EBIT.