Giga Metals Balance Sheet Health
Financial Health criteria checks 6/6
Giga Metals has a total shareholder equity of CA$21.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$22.7M and CA$857.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$820.83k |
| Equity | CA$21.85m |
| Total liabilities | CA$857.13k |
| Total assets | CA$22.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0UXL's short term assets (CA$1.0M) exceed its short term liabilities (CA$267.1K).
Long Term Liabilities: 0UXL's short term assets (CA$1.0M) exceed its long term liabilities (CA$590.0K).
Debt to Equity History and Analysis
Debt Level: 0UXL is debt free.
Reducing Debt: 0UXL had no debt 5 years ago.
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: 0UXL has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 0UXL is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.