Gold Reserve Balance Sheet Health
Financial Health criteria checks 6/6
Gold Reserve has a total shareholder equity of $28.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $39.7M and $11.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$39.07m |
Equity | US$28.58m |
Total liabilities | US$11.16m |
Total assets | US$39.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDRZ.F's short term assets ($39.4M) exceed its short term liabilities ($11.2M).
Long Term Liabilities: GDRZ.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GDRZ.F is debt free.
Reducing Debt: GDRZ.F had no debt 5 years ago.
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: GDRZ.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GDRZ.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 34.6% each year