Goldflare Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Goldflare Exploration has a total shareholder equity of CA$3.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.3M and CA$139.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$474.28k |
| Equity | CA$3.13m |
| Total liabilities | CA$139.57k |
| Total assets | CA$3.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYPF.F's short term assets (CA$557.2K) exceed its short term liabilities (CA$61.1K).
Long Term Liabilities: TYPF.F's short term assets (CA$557.2K) exceed its long term liabilities (CA$78.5K).
Debt to Equity History and Analysis
Debt Level: TYPF.F is debt free.
Reducing Debt: TYPF.F has no debt compared to 5 years ago when its debt to equity ratio was 0%.
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: TYPF.F has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TYPF.F is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.