# Gold Reserve Inc. (GDRZF)

> Basic Materials · BM · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/GDRZF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 0 | $ -14.66M | $ -17.91M | $ 115.5K | $ 120.45M |
| 2025 | $ 884.1K | $ -35.18M | $ -30.94M | $ 181.0K | $ 59.95M |
| 2024 | $ 1.28M | $ -15.77M | $ -12.55M | $ 0 | $ 65.06M |
| 2023 | $ 774.5K | $ -25.00M | $ -15.27M | $ 0 | $ 28.43M |
| 2022 | $ 521.3K | $ -9.60M | $ -7.11M | $ 0 | $ 51.59M |
| 2021 | $ 0 | $ -12.60M | $ -10.24M | $ 77.1K | $ 60.03M |
| 2020 | $ 0 | $ -14.67M | $ -5.87M | $ 169.9K | $ 68.42M |
| 2019 | $ 0 | $ -16.97M | $ -13.27M | $ 255.4K | $ 79.28M |
| 2018 | $ 0 | $ 55.28M | $ -84.97M | $ 0 | $ 167.94M |
| 2017 | $ 0 | $ 120.58M | $ -64.10M | $ 0 | $ 125.77M |
| 2016 | $ 0 | $ -29.64M | $ -15.47M | $ 43.97M | $ 2.81M |
| 2015 | $ 0 | $ -25.46M | $ -12.50M | $ 39.67M | $ -19.86M |
| 2014 | $ 0 | $ -36.13M | $ -10.44M | $ 35.44M | $ -20.98M |
| 2013 | $ 0 | $ -21.96M | $ -15.76M | $ 24.00M | $ -2.93M |
| 2012 | $ 303 | $ -20.75M | $ -19.25M | $ 20.03M | $ 6.42M |
| 2011 | $ -292 | $ -34.69M | $ -26.37M | $ 101.83M | $ -25.80M |
| 2010 | $ 795.5K | $ -33.50M | $ -45.31M | $ 96.98M | $ -412.8K |
| 2009 | $ 4.36M | $ -250.52M | $ -49.82M | $ 93.69M | $ 19.92M |
| 2008 | $ 3.41M | $ -29.87M | $ -79.58M | $ 91.83M | $ 185.11M |
| 2007 | $ 9.84M | $ -18.41M | $ -76.26M | $ 70.31M | $ 201.32M |
| 2006 | $ 0 | $ -10.56M | $ -39.76M | $ 0 | $ 100.97M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.00 |
| Liabilities / Eq | 0.12 |
| Current Ratio | 9.78 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 0.08 |

## Other views

- [Metrics](https://sponda.capital/en/GDRZF.md)
- [Charts](https://sponda.capital/en/GDRZF/charts.md)
- [Compare](https://sponda.capital/en/GDRZF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.