Granite Creek Copper Balance Sheet Health
Financial Health criteria checks 3/6
Granite Creek Copper has a total shareholder equity of CA$7.9M and total debt of CA$399.5K, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CA$9.5M and CA$1.6M respectively.
Key information
5.1%
Debt to equity ratio
CA$399.54k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$585.74k |
| Equity | CA$7.90m |
| Total liabilities | CA$1.62m |
| Total assets | CA$9.52m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCXX.F's short term assets (CA$763.2K) do not cover its short term liabilities (CA$1.2M).
Long Term Liabilities: GCXX.F's short term assets (CA$763.2K) exceed its long term liabilities (CA$399.5K).
Debt to Equity History and Analysis
Debt Level: GCXX.F has more cash than its total debt.
Reducing Debt: GCXX.F's debt to equity ratio has reduced from 19.3% to 5.1% over the 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: GCXX.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GCXX.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.6% each year