Gold Resource Balance Sheet Health
Financial Health criteria checks 3/6
Gold Resource has a total shareholder equity of $57.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $155.4M and $98.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.35m |
| Equity | US$57.31m |
| Total liabilities | US$98.14m |
| Total assets | US$155.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GORO's short term assets ($22.0M) exceed its short term liabilities ($15.9M).
Long Term Liabilities: GORO's short term assets ($22.0M) do not cover its long term liabilities ($82.3M).
Debt to Equity History and Analysis
Debt Level: GORO is debt free.
Reducing Debt: GORO has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
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: GORO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GORO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.8% each year