Greenland Resources Balance Sheet Health
Financial Health criteria checks 4/6
Greenland Resources has a total shareholder equity of CA$2.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.3M and CA$119.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.71m |
| Equity | CA$2.14m |
| Total liabilities | CA$119.19k |
| Total assets | CA$2.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRLR.F's short term assets (CA$2.3M) exceed its short term liabilities (CA$119.2K).
Long Term Liabilities: GRLR.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GRLR.F is debt free.
Reducing Debt: GRLR.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: GRLR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GRLR.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.3% each year