Gold Springs Resource Corp. - GRCAF

GRCAF Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
GRCAF	0	11.0	-16.7	-35.7	-45.1	-29.7	-75.8	-55.4	-39.2	-76.9
S&P 500	0.6	1.5	1.9	5.0	9.6	25.1	38.0	83.0	196.6	34364.2

Compare GRCAF with other assets →

Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	GRCAF
name	Gold Springs Resource Corp.
price	0.045
changes percentage	0
change	0
day low	0.045
day high	0.045
year high	0.099
year low	0.036
market cap	12735630
price avg 50	0.05884
price avg 200	0.065695
exchange	PNK
volume	1500
avg volume	6983
open	0.045
previous close	None
eps	-0.01
pe	-4.5
earnings announcement	2025-03-26T10:00:00.000+0000
shares outstanding	283014000
timestamp	2025-01-22 20:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 20.0%

Overall Quarterly Financial Health: 41.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	0	0	NaN
gross profit	-70903	-53781	-31.84
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	637864	1121355	-43.12
interest income	12707	27379	-53.59
interest expense	0	0	NaN
ebitda	-582886	-1073004	45.68
ebitdaratio	0	0	NaN
operating income	-708767	-1151842	38.47
operating income ratio	0	0	NaN
net income	-653790	-1171051	44.17
net income ratio	0	0	NaN
eps	-0.0	-0.0	47.83

Overall Score of Annual Income Statement

0.6 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 0 million in 2023 from 0 million in 2022 representing a change of -31.84%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 1 million in 2023 from 1 million in 2022 representing a change of -43.12%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

• 📈 Positive Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to -1 million in 2023 from -1 million in 2022 representing a change of 45.68%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to -1 million in 2023 from -1 million in 2022 representing a change of 38.47%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to -1 million in 2023 from -1 million in 2022 representing a change of 44.17%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
revenue	0	0	NaN
gross profit	-10991	-17304	36.48
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	-10991	-17308	36.50
interest income	346	624	-44.55
interest expense	0	0	NaN
ebitda	-113298	-162127	30.12
ebitdaratio	0	0	NaN
operating income	0	-179401	100.00
operating income ratio	0	0	NaN
net income	-177452	-179950	1.39
net income ratio	0	0	NaN
eps	-0.0	-0.0	0.00

Overall Score of Quarterly Income Statement

0.6 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 36.48%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 36.5%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Operating Income: Operating income increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 100.0%. The increase in operating income indicates better operational performance and increased profitability.

• 📉 Negative Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 30.12%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Net Income: Net income decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 1.39%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	25669830	25778729	-0.42
total liabilities	594243	1436599	-58.64
total equity	25075587	24342130	3.01
cash and cash equivalents	84143	278023	-69.74
short term investments	0	0	NaN
long term investments	590944	554041	6.66
total current assets	178605	538166	-66.81
total non current assets	25491224	25240563	0.99
total current liabilities	564153	1436599	-60.73
total non current liabilities	30089	0	NaN
common stock	100648661	99721151	0.93
retained earnings	-89219726	-89036532	-0.21
total debt	30.24	29532	-99.90

Overall Score of Annual Balance Sheet

None

Detailed Analysis

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
total assets	26049808	25839005	0.82
total liabilities	1202332	826176	45.53
total equity	24847476	25012828	-0.66
cash and cash equivalents	34524	11019	213.31
short term investments	0	0	NaN
long term investments	0	593895	-100.00
total current assets	78317	84675	-7.51
total non current assets	25971491	25754329	0.84
total current liabilities	1172700	796957	47.15
total non current liabilities	29632	29219	1.41
common stock	101336222	101336222	0.00
retained earnings	-90197111	-90019659	-0.20
total debt	29632	29219	1.41

Overall Score of Quarterly Balance Sheet

0.25 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 26 million in 2024Q3 from 26 million in 2024Q2 representing a change of 0.82%. Suggesting a growth in asset holdings.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 213.31%. This indicates an increase in available liquid assets.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 1 million in 2024Q3 from 1 million in 2024Q2 representing a change of 45.53%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 25 million in 2024Q3 from 25 million in 2024Q2 representing a change of -0.66%. This indicates a decrease in shareholders' equity.

  Total Current Assets: Total Current Assets decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -7.51%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 1 million in 2024Q3 from 1 million in 2024Q2 representing a change of 47.15%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to -90 million in 2024Q3 from -90 million in 2024Q2 representing a change of -0.2%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 1.41%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-325388	-3546002	90.82
operating cash flow	-403653	-460018	12.25
free cash flow	-1599180	-623754	-156.38
capital expenditure	-1195527	-163736	-630.16
depreciation and amortization	70903	53781	31.84
deferred income tax	-107749.53	0	NaN
stock based compensation	58.53	446707	-99.99
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	692126	-100.00
investments in property plant and equipment	-1195527	-163736	-630.16
net cash used for investing activites	-1269069	-3542642	64.18
debt repayment	0	0	NaN
common stock issued	1356429	509901	166.02
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	1490538	530939	180.74
cash at end of period	84143	278023	-69.74
accounts receivables	34115	53713	-36.49
cash at beginning of period	409531	3824025	-89.29

Overall Score of Annual Cashflow Statement

None

Detailed Analysis

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
operating cash flow	-76889	-32650	-135.49
free cash flow	-76889	-32650	-135.49
capital expenditure	0	0	NaN
depreciation and amortization	10991	17304	-36.48
deferred income tax	0	0	NaN
stock based compensation	10396	20079	-48.22
accounts receivables	29874	7263	311.32
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	-250531	-90991	-175.34
debt repayment	0	0	NaN
common stock issued	0	82212	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	349039	85008	310.60
net change in cash	23503	-38404	161.20
cash at end of period	34524	11021	213.26
cash at beginning of period	11021	49425	-77.70

Overall Score of Quarterly Cashflow Statement

0.4 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 161.2%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -48.22%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -135.49%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -135.49%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q3 from 0 million in 2024Q2 representing a change of 311.32%. This suggests that the company is less capable of collecting payments from its customers.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0	0	NaN
net income per share	-0.0	-0.0	48.14
operating cash flow per share	-0.0	-0.0	14.55
free cash flow per share	-0.01	-0.0	-143.96
cash per share	0.0	0.0	-70.75
book value per share	0.09	0.09	-0.46
tangible book value per share	0.09	0.09	-0.46
shareholders equity per share	0.09	0.09	-0.46
interest debt per share	0.0	0.0	-40.35
market cap	18143258.8	24652630.6	-26.40
enterprise value	18088926.8	24404139.6	-25.88
pe ratio	-28.26	-20.71	-36.44
price to sales ratio	0	0	NaN
pocfratio	-44.37	-53.59	17.20
pfcf ratio	-11.46	-39.52	71.00
pb ratio	0.72	1.01	-28.92
ptb ratio	0.72	1.01	-28.92
ev to sales	0	0	NaN
enterprise value over ebitda	-33.54	-22.22	-50.93
ev to operating cash flow	-44.24	-53.05	16.60
ev to free cash flow	-11.43	-39.12	70.79
earnings yield	-0.04	-0.05	26.71
free cash flow yield	-0.09	-0.03	-244.81
debt to equity	0.0	0.0	-1.09
debt to assets	0.0	0.0	2.32
net debt to ebitda	0.1	0.23	-55.48
current ratio	0.32	0.37	-15.49
interest coverage	0	-59.96	100.00
income quality	0.64	0.39	62.12
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-2.87	-0.36	-706.72
capex to revenue	0	0	NaN
capex to depreciation	16.86	3.04	453.83
stock based compensation to revenue	0	0	NaN
graham number	0.07	0.1	-28.15
roic	-0.02	-0.05	55.51
return on tangible assets	-0.02	-0.05	46.11
graham net net	-0.0	-0.0	52.19
working capital	-387531	-898433	56.87
tangible asset value	25204541	24342130	3.54
net current asset value	-417775	-898433	53.50
invested capital	24640802	23787837	3.59
average receivables	0	199766	-100.00
average payables	132984.02	474.6	27919.97
average inventory	127678.5	283786.5	-55.01
days sales outstanding	0	0	NaN
days payables outstanding	0	5.59	-100.00
days of inventory on hand	0	1733.05	-100.00
receivables turnover	0	0	NaN
payables turnover	0	65.34	-100.00
inventory turnover	0	0.21	-100.00
roe	-0.03	-0.05	47.91
capex per share	0.0	0.0	589.30

• Negative

  ROE: Return on Equity (ROE) increased to -0.03 on 2023-12-31 from -0.05 on 2022-12-31, representing a change of 47.91%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -28.26 on 2023-12-31 from -20.71 on 2022-12-31, representing a change of -36.44%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 0.32 on 2023-12-31 from 0.37 on 2022-12-31, representing a change of -15.49%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2023-12-31 from 0.00 on 2022-12-31, representing a change of -1.09%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
GRCAF
calendar year	2024	2024	NaN
revenue per share	0	0	NaN
net income per share	0	-0.0	100.00
operating cash flow per share	0	-0.0	100.00
free cash flow per share	0	-0.0	100.00
cash per share	0	0.0	-100.00
book value per share	0	0.09	-100.00
tangible book value per share	0	0.09	-100.00
shareholders equity per share	0	0.09	-100.00
interest debt per share	0	0.0	-100.00
market cap	0	19551672.14	-100.00
enterprise value	-4892	19569875.14	-100.02
pe ratio	0	-27.16	100.00
price to sales ratio	0	0	NaN
pocfratio	0	-598.83	100.00
pfcf ratio	0	-598.83	100.00
pb ratio	0	0.78	-100.00
ptb ratio	0	0.78	-100.00
ev to sales	0	0	NaN
enterprise value over ebitda	0.04	-120.71	100.04
ev to operating cash flow	0.06	-599.38	100.01
ev to free cash flow	0.06	-599.38	100.01
earnings yield	None	-0.01	NaN
free cash flow yield	0	-0.0	100.00
debt to equity	0.0	0.0	2.09
debt to assets	0.0	0.0	0.59
net debt to ebitda	0.04	-0.11	138.46
current ratio	0.07	0.11	-37.14
interest coverage	0	0	NaN
income quality	0.43	0.18	138.81
dividend yield	None	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	-0.0	100.00
capex to revenue	0	0	NaN
capex to depreciation	0	0.01	-100.00
stock based compensation to revenue	0	0	NaN
graham number	0	0.04	-100.00
roic	0	-0.01	100.00
return on tangible assets	-0.01	-0.01	2.17
graham net net	0	-0.0	100.00
working capital	-1094383	-712386	-53.62
tangible asset value	24847476	25016497	-0.68
net current asset value	-1124015	-741610	-51.56
invested capital	24283125	24451738	-0.69
average receivables	864	2704	-68.05
average payables	190123	364515	-47.84
average inventory	0	-2704	100.00
days sales outstanding	0	0	NaN
days payables outstanding	0	1977.24	-100.00
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0.05	-100.00
inventory turnover	0	0	NaN
roe	-0.01	-0.01	0.72
capex per share	0	0.0	-100.00

• Negative

  ROE: Return on Equity (ROE) decreased to -0.01 on 2024-09-30 Q3 from -0.01 on 2024-06-30 Q2, representing a change of 0.72%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 0.07 on 2024-09-30 Q3 from 0.11 on 2024-06-30 Q2, representing a change of -37.14%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 0.00 on 2024-09-30 Q3 from -27.16 on 2024-06-30 Q2, representing a change of 100.00%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-09-30 Q3 from 0.00 on 2024-06-30 Q2, representing a change of 2.09%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is 0.0 which is lower than current price 0.04, indicates the company may be overvalued.