Golden Arrow Resources Balance Sheet Health
Financial Health criteria checks 6/6
Golden Arrow Resources has a total shareholder equity of CA$5.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.5M and CA$935.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$115.80k |
Equity | CA$5.57m |
Total liabilities | CA$935.64k |
Total assets | CA$6.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GARW.F's short term assets (CA$877.8K) exceed its short term liabilities (CA$796.9K).
Long Term Liabilities: GARW.F's short term assets (CA$877.8K) exceed its long term liabilities (CA$138.7K).
Debt to Equity History and Analysis
Debt Level: GARW.F is debt free.
Reducing Debt: GARW.F has no debt compared to 5 years ago when its debt to equity ratio was 30.4%.
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: GARW.F has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GARW.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.