Glacier Lake Resources Balance Sheet Health
Financial Health criteria checks 4/6
Glacier Lake Resources has a total shareholder equity of CA$494.9K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$509.1K and CA$14.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$471.75k |
Equity | CA$494.92k |
Total liabilities | CA$14.21k |
Total assets | CA$509.14k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLII.F's short term assets (CA$477.1K) exceed its short term liabilities (CA$14.2K).
Long Term Liabilities: GLII.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GLII.F is debt free.
Reducing Debt: GLII.F has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
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: GLII.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GLII.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.9% each year