General Copper Gold Balance Sheet Health
Financial Health criteria checks 5/6
General Copper Gold has a total shareholder equity of CA$2.0M and total debt of CA$36.2K, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CA$2.3M and CA$319.5K respectively.
Key information
1.8%
Debt to equity ratio
CA$36.20k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.84k |
| Equity | CA$2.01m |
| Total liabilities | CA$319.46k |
| Total assets | CA$2.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNRG.F's short term assets (CA$8.5K) do not cover its short term liabilities (CA$319.5K).
Long Term Liabilities: GNRG.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GNRG.F's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: GNRG.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: GNRG.F has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GNRG.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.