Golden Matrix Group, Inc.

NasdaqCM:GMGI Stock Report

Mkt Cap: US$124.9m

Golden Matrix Group Financial Health

How is Golden Matrix Group's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: GMGI's short term assets ($19.3M) exceed its short term liabilities ($2.7M).

Long Term Liabilities: GMGI's short term assets ($19.3M) exceed its long term liabilities ($59.8K).


Debt to Equity History and Analysis

Debt Level: GMGI is debt free.

Reducing Debt: GMGI currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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: Whilst unprofitable GMGI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GMGI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.7% per year.


Discover healthy companies