Grande Portage Resources Balance Sheet Health
Financial Health criteria checks 5/6
Grande Portage Resources has a total shareholder equity of CA$20.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$20.9M and CA$463.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$77.11k |
| Equity | CA$20.45m |
| Total liabilities | CA$463.30k |
| Total assets | CA$20.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPB's short term assets (CA$163.3K) do not cover its short term liabilities (CA$319.2K).
Long Term Liabilities: GPB's short term assets (CA$163.3K) 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 sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GPB is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.