GFG Resources Balance Sheet Health
Financial Health criteria checks 4/6
GFG Resources has a total shareholder equity of CA$33.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$35.2M and CA$1.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.15m |
| Equity | CA$33.71m |
| Total liabilities | CA$1.45m |
| Total assets | CA$35.16m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GFGS.F's short term assets (CA$2.3M) exceed its short term liabilities (CA$1.0M).
Long Term Liabilities: GFGS.F's short term assets (CA$2.3M) exceed its long term liabilities (CA$446.8K).
Debt to Equity History and Analysis
Debt Level: GFGS.F is debt free.
Reducing Debt: GFGS.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: GFGS.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GFGS.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.9% each year.