Giga Metals (GIGGF) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the filing for FY2020, filed Apr 29, 2021. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GIGGF SEC filings page.
This page shows Giga Metals Corp (GIGGF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings.
Financial Health Signals
We do not publish a peer-relative financial health score for Giga Metals Corp, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Giga Metals Corp passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
Giga Metals Corp reported a net loss of $1.6M while operations used $994K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Giga Metals Corp reported a net loss of $1.6M in fiscal year 2020. The change from the prior year is not meaningful, because that figure was zero or negative.
Not reported for fiscal year 2020.
Not reported for fiscal year 2020.
Not reported for fiscal year 2020.
Cash & Balance Sheet
Giga Metals Corp held $3.0M in cash against $31K in long-term debt as of fiscal year 2020.
Not reported for fiscal year 2020.
Not reported for fiscal year 2020.
Margins & Returns
Giga Metals Corp's ROE was -21.1% in fiscal year 2020, measuring profit generated per dollar of shareholder equity. This is up 3.1 percentage points from the prior year.
Not reported for fiscal year 2020.
Not reported for fiscal year 2020.
Not reported for fiscal year 2020.
Capital Allocation
None of these metrics is reported for fiscal year 2020.
GIGGF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Income Tax.
GIGGF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY20Filing | FY19Filing | FY18Filing | FY17Filing | FY16Filing |
|---|---|---|---|---|---|
| Total Assets | $8.0M+34.5% | $6.0M+14.6% | $5.2M+40.1% | $3.7M+1548.8% | $226K |
| Current Assets | $3.1M+44.8% | $2.1M-34.7% | $3.3M-7.9% | $3.6M+4469.2% | $78K |
| Cash & Equivalents | $3.0M+133.1% | $1.3M+325.5% | $297K-90.8% | $3.2M+4986.3% | $64K |
| Accounts Receivable | $81K-90.2% | $826K+3.4% | $799K+3164.8% | $24K+213.0% | $8K |
| Total Liabilities | $520K-23.2% | $677K+195.0% | $229K+98.0% | $116K+938.8% | $11K |
| Current Liabilities | $172K-51.6% | $355K+54.7% | $229K | N/A | N/A |
| Non-Current Liabilities | $348K+8.2% | $322Kn/m | $0 | N/A | N/A |
| Long-Term Debt | $31K | N/A | N/A | N/A | N/A |
| Total Equity | $7.5M+41.8% | $5.3M+6.3% | $5.0M+38.2% | $3.6M+1580.6% | $214K |
| Retained Earnings | -$45.5Mn/m | -$43.2Mn/m | -$39.8Mn/m | -$44.3Mn/m | -$40.8M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments, Goodwill.
GIGGF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY20Filing | FY19Filing | FY18Filing | FY17Filing | FY16Filing |
|---|---|---|---|---|---|
| Operating Cash Flow | -$994Kn/m | -$1.1Mn/m | -$985Kn/m | -$409Kn/m | -$106K |
| Depreciation & Amortization | $77K+24.5% | $62K+639.1% | $8K+509.6% | $1K-38.1% | $2K |
| Capital Expenditures | N/A | $3K-94.8% | $53K+7655.5% | $684n/m | $0 |
| Free Cash Flow | N/A | -$1.1Mn/m | -$1.0Mn/m | -$410Kn/m | -$106K |
| Investing Cash Flow | -$545K-148.2% | $1.1Mn/m | -$2.2Mn/m | -$42Kn/m | -$22K |
| Financing Cash Flow | $3.2M+257.9% | $895K+92.5% | $465K-87.2% | $3.6M+1887.1% | $183K |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
GIGGF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY20Filing | FY19Filing | FY18Filing | FY17Filing | FY16Filing |
|---|---|---|---|---|---|
| Return on Equity | -21.1%+3.1pp | -24.2%-41.2pp | 16.9%+32.1pp | -15.2%+62.7pp | -77.8% |
| Return on Assets | -19.8%+1.7pp | -21.5%-37.7pp | 16.2%+30.9pp | -14.7%+59.3pp | -74.0% |
| Current Ratio | 18.07+12.0x | 6.04-8.3x | 14.30 | N/A | N/A |
| Debt-to-Equity | 0.00 | N/A | N/A | N/A | N/A |
| Liabilities-to-Equity | 0.07-0.1x | 0.13+0.1x | 0.050.0x | 0.030.0x | 0.05 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Where Giga Metals Corp Ranks
Frequently Asked Questions
No, Giga Metals Corp (GIGGF) reported a net loss of $1.6M in fiscal year 2020.
As of fiscal year 2020, Giga Metals Corp (GIGGF) had $3.0M in cash and equivalents against $31K in long-term debt.
Giga Metals Corp (GIGGF) has a return on equity of -21.1% for fiscal year 2020, measuring how efficiently the company generates profit from shareholder equity.
Giga Metals Corp (GIGGF) recorded an outflow of $994K in operating cash flow during fiscal year 2020, representing cash used by core business activities.
Giga Metals Corp (GIGGF) had $8.0M in total assets as of fiscal year 2020, including both current and long-term assets.
Giga Metals Corp (GIGGF) had a current ratio of 18.07 as of fiscal year 2020, which is generally considered healthy.
Giga Metals Corp (GIGGF) had a debt-to-equity ratio of 0.00 as of fiscal year 2020. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Giga Metals Corp (GIGGF) had a liabilities-to-equity ratio of 0.07 as of fiscal year 2020, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Giga Metals Corp (GIGGF) had a return on assets of -19.8% for fiscal year 2020, measuring how efficiently the company uses its assets to generate profit.
Giga Metals Corp (GIGGF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2020). The market capitalization is $5.7M as of Nov 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Giga Metals Corp (GIGGF) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $5.7M as of Nov 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Giga Metals Corp (GIGGF) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Giga Metals Corp (GIGGF) reported a net loss of $1.6M while operations used $994K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.