Galleon Gold Balance Sheet Health
Financial Health criteria checks 1/6
Galleon Gold has a total shareholder equity of CA$23.5M and total debt of CA$1.7M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are CA$32.0M and CA$8.5M respectively.
Key information
7.4%
Debt to equity ratio
CA$1.73m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.99m |
| Equity | CA$23.47m |
| Total liabilities | CA$8.51m |
| Total assets | CA$31.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNCK.F's short term assets (CA$2.2M) do not cover its short term liabilities (CA$4.1M).
Long Term Liabilities: PNCK.F's short term assets (CA$2.2M) do not cover its long term liabilities (CA$4.4M).
Debt to Equity History and Analysis
Debt Level: PNCK.F has more cash than its total debt.
Reducing Debt: PNCK.F's debt to equity ratio has increased from 0% to 7.4% 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: PNCK.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PNCK.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.8% each year