Goldshore Resources Inc.

OTCPK:GSHR.F Stock Report

Market Cap: US$59.7m

Goldshore Resources Balance Sheet Health

Financial Health criteria checks 5/6

Goldshore Resources has a total shareholder equity of CA$81.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$94.9M and CA$13.0M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$4.01m
EquityCA$81.87m
Total liabilitiesCA$13.02m
Total assetsCA$94.89m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GSHR.F's short term assets (CA$4.4M) exceed its short term liabilities (CA$892.6K).

Long Term Liabilities: GSHR.F's short term assets (CA$4.4M) do not cover its long term liabilities (CA$12.1M).


Debt to Equity History and Analysis

Debt Level: GSHR.F is debt free.

Reducing Debt: GSHR.F has not had any debt for 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: GSHR.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GSHR.F is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.


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