Gold & Gemstone Mining Inc (GGSM) Financial Statements (2026 and earlier)

Company Profile

Business Address 4020 N MACARTHUR BLVD
IRVING, TX 75038
State of Incorp. NV
Fiscal Year End January 31
Industry (SIC) 399 - Miscellaneous Manufacturing Industries (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)
Annual | Quarterly

10/31/2014
Q3
7/31/2014
Q2
4/30/2014
Q1
10/31/2013
Q3
7/31/2013
Q2
4/30/2013
Q1
1/31/2013
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 723     
Cash and cash equivalent 723     
Deferred costs300,793 1,0206,7506,750 
Total current assets:301,516 1,0206,7506,750 
Noncurrent Assets
TOTAL ASSETS:301,516 1,0206,7506,750 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 70,876141,752116,30064,276 
Accounts payable and other accrued liabilities✕✕✕70,876   
Accrued liabilities 70,87670,876116,30064,276 
Debt 4,9774,97778,86094,470 
Derivative instruments and hedges, liabilities1,668143,850143,850143,850143,850 
Due to related parties 900900900900 
Other undisclosed current liabilities 111,821192,9454,4443,478 
Total current liabilities:1,668332,424484,424344,354306,974 
Noncurrent Liabilities
Long-term debt and lease obligation    23,092  
Long-term debt, excluding current maturities    23,092  
Other undisclosed noncurrent liabilities296,84123,09223,092   
Total noncurrent liabilities:296,84123,09223,09223,092  
Other undisclosed liabilities (1)     
Total liabilities:298,508355,516507,516367,446306,974 
Equity
Equity, attributable to parent, including:3,007(355,516)(506,496)(360,696)(300,224) 
Common stock3,822230,154230,154166,250150,750 
Additional paid in capital    1,4771,977 
Accumulated deficit(815)(585,670)(736,650)   
Other undisclosed equity, attributable to parent    (528,423)(452,951) 
Other undisclosed equity 1     
Total equity:3,008(355,516)(506,496)(360,696)(300,224) 
TOTAL LIABILITIES AND EQUITY: 301,516 1,0206,7506,750 

Income Statement (P&L) (USD)
Annual | Quarterly

10/31/2014
Q3
7/31/2014
Q2
4/30/2014
Q1
10/31/2013
Q3
7/31/2013
Q2
4/30/2013
Q1
1/31/2013
Q4
Operating expenses(815)(163,587)(163,587)(69,535)(32,520) 
Operating loss:(815)(163,587)(163,587)(69,535)(32,520) 
Nonoperating expense (12,313)(12,313)(5,937)(135,351) 
Interest and debt expense 2,4222,422(965)(966) 
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (2,422)(2,422)965966 
Loss from continuing operations before income taxes:(815)(175,900)(175,900)(75,472)(167,871) 
Income tax expense     (57,076) 
Loss from continuing operations:(815)(175,900)(175,900)(75,472)(224,947) 
Loss before gain (loss) on sale of properties:(815)(175,900)(175,900)(75,472)(224,947) 
Net loss:(815)(175,900)(175,900)(75,472)(224,947) 
Other undisclosed net income attributable to parent     57,076 
Net loss available to common stockholders, diluted:(815)(175,900)(175,900)(75,472)(167,871) 

Comprehensive Income (USD)
Annual | Quarterly

10/31/2014
Q3
7/31/2014
Q2
4/30/2014
Q1
10/31/2013
Q3
7/31/2013
Q2
4/30/2013
Q1
1/31/2013
Q4
Net loss:(815)(175,900)(175,900)(75,472)(224,947) 
Comprehensive loss, net of tax, attributable to parent:(815)(175,900)(175,900)(75,472)(224,947) 

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: