Gold Reserve Balance Sheet Health
Financial Health criteria checks 6/6
Gold Reserve has a total shareholder equity of $37.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $51.0M and $13.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$50.09m |
| Equity | US$37.93m |
| Total liabilities | US$13.11m |
| Total assets | US$51.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDRZ.F's short term assets ($50.7M) exceed its short term liabilities ($13.1M).
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 grow at historical rates of 2.8% each year