Trans Canada Gold Corp.

OTCPK:RCTR.F Stock Report

Market Cap: US$996.3k

Trans Canada Gold Balance Sheet Health

Financial Health criteria checks 3/6

Trans Canada Gold has a total shareholder equity of CA$838.5K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.2M and CA$321.1K respectively.

Key information


Debt to equity ratio



Interest coverage ration/a
Total liabilitiesCA$321.09k
Total assetsCA$1.16m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RCTR.F's short term assets (CA$190.2K) do not cover its short term liabilities (CA$276.0K).

Long Term Liabilities: RCTR.F's short term assets (CA$190.2K) exceed its long term liabilities (CA$45.1K).

Debt to Equity History and Analysis

Debt Level: RCTR.F is debt free.

Reducing Debt: RCTR.F 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: RCTR.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RCTR.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.5% each year

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