Grande Portage Resources Balance Sheet Health
Financial Health criteria checks 4/6
Grande Portage Resources has a total shareholder equity of CA$20.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$21.1M and CA$387.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$505.83k |
Equity | CA$20.76m |
Total liabilities | CA$387.81k |
Total assets | CA$21.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPB's short term assets (CA$570.5K) exceed its short term liabilities (CA$243.7K).
Long Term Liabilities: GPB's short term assets (CA$570.5K) exceed its long term liabilities (CA$144.1K).
Debt to Equity History and Analysis
Debt Level: GPB is debt free.
Reducing Debt: GPB 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: GPB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GPB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.9% each year