GoldMining Balance Sheet Health

Financial Health criteria checks 4/6

GoldMining has a total shareholder equity of CA$116.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$121.5M and CA$4.9M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$11.11m
EquityCA$116.65m
Total liabilitiesCA$4.87m
Total assetsCA$121.52m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0UYN's short term assets (CA$14.1M) exceed its short term liabilities (CA$3.4M).

Long Term Liabilities: 0UYN's short term assets (CA$14.1M) exceed its long term liabilities (CA$1.5M).


Debt to Equity History and Analysis

Debt Level: 0UYN is debt free.

Reducing Debt: 0UYN has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.


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

Forecast Cash Runway: 0UYN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.6% each year


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