Discovery Harbour Resources Balance Sheet Health

Financial Health criteria checks 6/6

Discovery Harbour Resources has a total shareholder equity of CA$389.4K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$429.1K and CA$39.7K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$123.24k
Equity	CA$389.35k
Total liabilities	CA$39.70k
Total assets	CA$429.05k

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 4GW0's short term assets (CA$132.1K) exceed its short term liabilities (CA$39.7K).

Long Term Liabilities: 4GW0 has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: 4GW0 is debt free.

Reducing Debt: 4GW0 currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: 4GW0 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 4GW0 has no debt, therefore coverage of interest payments is not a concern.

Discovery Harbour Resources Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Discovery Harbour Resources Corp. Announces Board Changes

Discovery Harbour Resources Corp. announced that it has received CAD 0.235 million in funding

New minor risk - Shareholder dilution

Discovery Harbour Resources Corp., Annual General Meeting, May 10, 2024

Discovery Harbour Resources Corp. announced that it expects to receive CAD 0.235 million in funding

Discovery Harbour Resources Corp. Appoints Clayton Fisher as the Chief Financial Officer

Less than half of directors are independent

Less than half of directors are independent

Discovery Harbour Resources Corp., Annual General Meeting, Apr 05, 2022

Discovery Harbour Resources Corp. Announces Results from the Final Four of Five Drill Holes Have Been Received from the Company's Caldera Drill Program

Discovery Harbour Resources Corp. Announces Drill Program Progressing Well on the Caldera Gold Property, Nevada

Discovery Harbour Resources Corp. Commences Drilling on the Caldera Gold Property, Nevada

Discovery Harbour Resources Corp. Announces Discovery Harbour Receives Positive Drill Permit Decision for Caldera Gold Property, Nevada

Discovery Harbour Resources Corp. Announces That Patrick Merrin Was Elected to the Company's Board of Directors

Independent Director has left the company

Discovery Harbour Announces Agreement for Newcrest to Earn Interest in Fortuity 89 Property

Discovery Harbour Resources Corp., Annual General Meeting, Mar 17, 2021

Discovery Harbour Resources Corp. Provides Update on Status of Its Caldera Drill Permit

Discovery Harbour Resources Corp. Announces That the Caldera Drill Permit Under Its Exploration Plan of Operations (The “Plan”) from the United States Forest Service (“Usfs”) Is Still Pending

Discovery Harbour Resources Corp. Stakes Additional Mineral Claims at its Caldera Gold Project

Discovery Harbour Resources Corp. announced that it has received CAD 3 million in funding from AlphaNorth Asset Management, Palisades Goldcorp Ltd. and other investors

Discovery Harbour Resources Corp. announced that it expects to receive CAD 3 million in funding

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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