Golden Arrow Resources Corporation

LSE:0UY6 Stock Report

Market Cap: CA$5.8m

Golden Arrow Resources Balance Sheet Health

Financial Health criteria checks 3/6

Golden Arrow Resources has a total shareholder equity of CA$3.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.9M and CA$3.4M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$791.42k
EquityCA$3.47m
Total liabilitiesCA$3.40m
Total assetsCA$6.87m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0UY6's short term assets (CA$1.4M) exceed its short term liabilities (CA$805.1K).

Long Term Liabilities: 0UY6's short term assets (CA$1.4M) do not cover its long term liabilities (CA$2.6M).


Debt to Equity History and Analysis

Debt Level: 0UY6 is debt free.

Reducing Debt: 0UY6 has no debt compared to 5 years ago when its debt to equity ratio was 36.7%.


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: 0UY6 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 0UY6 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.5% each year.


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