Gold Bull Resources Balance Sheet Health
Financial Health criteria checks 4/6
Gold Bull Resources has a total shareholder equity of CA$11.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$11.7M and CA$112.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$937.98k |
| Equity | CA$11.63m |
| Total liabilities | CA$112.49k |
| Total assets | CA$11.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G3G's short term assets (CA$997.8K) exceed its short term liabilities (CA$112.5K).
Long Term Liabilities: G3G has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: G3G is debt free.
Reducing Debt: G3G has no debt compared to 5 years ago when its debt to equity ratio was 9.2%.
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: G3G has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: G3G has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14% each year