Star Gold Financials

SRGZ

Source SEC Filings (10-K/10-Q) Updated Mar 16, 2026 Currency USD FYE April

This page shows Star Gold (SRGZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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 (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 0/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Star Gold's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

Star Gold has elevated debt relative to equity (D/E of -2.61), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

Star Gold's current ratio of 0.02 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Weak

2/9

Star Gold passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.61x

For every $1 of reported earnings, Star Gold generates $0.61 in operating cash flow (-$157K OCF vs -$257K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$257K

YoY-8.3%

Star Gold reported -$257K in net income in fiscal year 2025. This represents a decrease of 8.3% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$11K

YoY-23.8%

5Y CAGR+10.1%

10Y CAGR-21.1%

Star Gold held $11K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

97M

YoY+0.0%

5Y CAGR+4.5%

10Y CAGR+10.3%

Star Gold had 97M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

SRGZ Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	-$203K-4.4%	-$195K+51.4%	-$401K-3.0%	-$389K+39.4%	-$642K-41.3%	-$454K
Interest Expense	N/A	N/A	N/A	$1K+6.3%	$946+4.8%	$903
Income Tax	$0	$0	$0	$0	$0	$0
Net Income	-$257K-8.3%	-$238K+44.0%	-$425K-8.0%	-$393K+39.0%	-$644K-41.6%	-$455K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	-$161K0.0%	-$161K-164.1%	-$61K+46.7%	-$115K	N/A	-$41K-14.4%	-$36K+59.3%	-$87K
Interest Expense	$2K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	$0	$0	$0	N/A	$0	$0	$0
Net Income	-$181K0.0%	-$181K-130.8%	-$78K+39.9%	-$130K	N/A	-$55K-10.6%	-$49K+50.3%	-$99K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SRGZ Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$718K+1.5%	$707K+0.3%	$705K-11.9%	$800K-7.5%	$865K+30.6%	$662K
Current Assets	$14K-10.2%	$16K-38.8%	$26K-80.6%	$133K-36.7%	$210K+1068.1%	$18K
Cash & Equivalents	$11K-23.8%	$14K-33.7%	$22K+2158.6%	$962-99.5%	$179K+2540.4%	$7K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.2M+34.6%	$864K+40.8%	$614K+83.1%	$335K+178.7%	$120K-52.0%	$250K
Current Liabilities	$759K+125.6%	$337K+122.3%	$151K+43.9%	$105K	N/A	$147K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$445K-183.9%	-$157K-271.6%	$91K-80.4%	$465K-37.6%	$745K+80.8%	$412K
Retained Earnings	-$13.2M-2.2%	-$13.0M-2.0%	-$12.7M-3.0%	-$12.3M-3.1%	-$12.0M-6.1%	-$11.3M

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Total Assets	$1.1M0.0%	$1.1M+40.5%	$752K+4.7%	$718K+1.5%	$707K+0.9%	$701K+0.2%	$699K-1.1%	$707K
Current Assets	$352K0.0%	$352K+633.3%	$48K+240.0%	$14K-10.6%	$16K+69.4%	$9K+21.3%	$8K-51.2%	$16K
Cash & Equivalents	$266K0.0%	$266K+478.8%	$46K+319.3%	$11K-3.6%	$11K+27.4%	$9K+30.9%	$7K-52.6%	$14K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.4M0.0%	$1.4M+11.0%	$1.2M+5.4%	$1.2M+13.8%	$1.0M+6.3%	$962K+6.2%	$906K+4.8%	$864K
Current Liabilities	$1.0M0.0%	$1.0M+15.1%	$897K+18.1%	$759K+10.6%	$687K+101.1%	$341K+10.5%	$309K-8.2%	$337K
Long-Term Debt	$852	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$305K0.0%	-$305K+35.7%	-$474K-6.4%	-$445K-41.4%	-$315K-20.6%	-$261K-26.5%	-$206K-31.5%	-$157K
Retained Earnings	-$13.5M0.0%	-$13.5M-1.4%	-$13.3M-0.6%	-$13.2M-1.0%	-$13.1M-0.4%	-$13.1M-0.4%	-$13.0M-0.4%	-$13.0M

SRGZ Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$157K+10.8%	-$176K+37.6%	-$283K-11.7%	-$253K+56.1%	-$576K-72.5%	-$334K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$12K0.0%	-$12K0.0%	-$12K0.0%	-$12K0.0%	-$12K+90.8%	-$130K
Financing Cash Flow	$176K+9.7%	$160K-42.3%	$278K+455.0%	$50K-94.0%	$827K+1554.6%	$50K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	-$130K0.0%	-$130K-52.8%	-$85K-50.7%	-$56K-40.8%	-$40K-83.0%	-$22K+71.4%	-$77K-308.0%	-$19K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$0	$0	$0+100.0%	-$12K	$0	$0	$0+100.0%	-$12K
Financing Cash Flow	$350K0.0%	$350K+191.7%	$120K+76.5%	$68K+60.0%	$43K+77.1%	$24K-65.2%	$69K+72.5%	$40K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SRGZ Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	-464.9%-380.3pp	-84.5%+1.9pp	-86.5%+23.9pp	-110.4%
Return on Assets	-35.9%-2.2pp	-33.6%+26.6pp	-60.2%-11.1pp	-49.1%+25.3pp	-74.4%-5.8pp	-68.7%
Current Ratio	0.02-0.0	0.05-0.1	0.17-1.1	1.26	N/A	0.12
Debt-to-Equity	-2.61+2.9	-5.51-12.2	6.72+6.0	0.72+0.6	0.16-0.4	0.61
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-17.1%0.0pp	-17.1%-6.7pp	-10.4%+7.7pp	-18.2%	N/A	-7.8%-0.7pp	-7.1%+7.0pp	-14.1%
Current Ratio	0.340.0	0.34+0.3	0.05+0.0	0.020.0	0.020.0	0.030.0	0.02-0.0	0.05
Debt-to-Equity	-0.00+4.5	-4.47-1.9	-2.59+0.0	-2.61+0.6	-3.25+0.4	-3.69+0.7	-4.39+1.1	-5.51
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$445K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Star Gold profitable?

No, Star Gold (SRGZ) reported a net income of -$257K in fiscal year 2025.

What is Star Gold's operating cash flow?

Star Gold (SRGZ) generated -$157K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Star Gold's total assets?

Star Gold (SRGZ) had $718K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Star Gold have outstanding?

Star Gold (SRGZ) had 97M shares outstanding as of fiscal year 2025.

What is Star Gold's current ratio?

Star Gold (SRGZ) had a current ratio of 0.02 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Star Gold's debt-to-equity ratio?

Star Gold (SRGZ) had a debt-to-equity ratio of -2.61 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Star Gold's return on assets (ROA)?

Star Gold (SRGZ) had a return on assets of -35.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Star Gold's cash runway?

Based on fiscal year 2025 data, Star Gold (SRGZ) had $11K in cash against an annual operating cash burn of $157K. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Star Gold's debt-to-equity ratio negative or unusual?

Star Gold (SRGZ) has negative shareholder equity of -$445K as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Star Gold's Piotroski F-Score?

Star Gold (SRGZ) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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.

Are Star Gold's earnings high quality?

Star Gold (SRGZ) has an earnings quality ratio of 0.61x, considered low quality (accrual-driven). 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.

How financially healthy is Star Gold?

Star Gold (SRGZ) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.