Gold Mountain Mining Corp.

OTCPK:GMTN.F Stock Report

Market Cap: US$28.5m

Gold Mountain Mining Balance Sheet Health

Financial Health criteria checks 4/6

Gold Mountain Mining has a total shareholder equity of CA$33.8M and total debt of CA$5.1M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CA$50.2M and CA$16.4M respectively.

Key information

15.1%

Debt to equity ratio

CA$5.10m

Debt

Interest coverage ration/a
CashCA$66.33k
EquityCA$33.81m
Total liabilitiesCA$16.41m
Total assetsCA$50.22m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GMTN.F's short term assets (CA$410.3K) do not cover its short term liabilities (CA$5.5M).

Long Term Liabilities: GMTN.F's short term assets (CA$410.3K) do not cover its long term liabilities (CA$10.9M).


Debt to Equity History and Analysis

Debt Level: GMTN.F's net debt to equity ratio (14.9%) is considered satisfactory.

Reducing Debt: GMTN.F's debt to equity ratio has reduced from 963.3% to 15.1% 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: GMTN.F has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: GMTN.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


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