GoldON Resources Balance Sheet Health
Financial Health criteria checks 5/6
GoldON Resources has a total shareholder equity of CA$316.3K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$456.7K and CA$140.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$34.96k |
Equity | CA$316.25k |
Total liabilities | CA$140.49k |
Total assets | CA$456.75k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6NR2's short term assets (CA$41.7K) do not cover its short term liabilities (CA$140.5K).
Long Term Liabilities: 6NR2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 6NR2 is debt free.
Reducing Debt: 6NR2 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: 6NR2 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 6NR2 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.