Goliath Resources Balance Sheet Health
Financial Health criteria checks 4/6
Goliath Resources has a total shareholder equity of CA$4.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.4M and CA$1.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$5.30m |
Equity | CA$3.96m |
Total liabilities | CA$1.40m |
Total assets | CA$5.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B4IF's short term assets (CA$5.2M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: B4IF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: B4IF is debt free.
Reducing Debt: B4IF has not had any debt for 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: B4IF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: B4IF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.7% each year