GMV Minerals Balance Sheet Health
Financial Health criteria checks 6/6
GMV Minerals has a total shareholder equity of CA$7.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.9M and CA$31.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$509.91k |
Equity | CA$7.88m |
Total liabilities | CA$31.81k |
Total assets | CA$7.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G3MN's short term assets (CA$602.4K) exceed its short term liabilities (CA$31.8K).
Long Term Liabilities: G3MN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: G3MN is debt free.
Reducing Debt: G3MN 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: G3MN has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: G3MN is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.