NEWPATH RESOURCES INC. - Asset Resilience Ratio
NEWPATH RESOURCES INC. (0MZ) has an Asset Resilience Ratio of 1.03% as of January 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See 0MZ current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2022–2024)
This chart shows how NEWPATH RESOURCES INC.'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see NEWPATH RESOURCES INC. (0MZ) total assets.
Liquid Assets Composition Over Time
This chart breaks down NEWPATH RESOURCES INC.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore 0MZ long-term investments to assets to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0% |
| Short-term Investments | €14.68K | 1.03% |
| Total Liquid Assets | €14.68K | 1.03% |
Asset Resilience Insights
- Limited Liquidity: NEWPATH RESOURCES INC. maintains only 1.03% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
NEWPATH RESOURCES INC. Industry Peers by Asset Resilience Ratio
Compare NEWPATH RESOURCES INC.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Franco-Nevada Corporation
TO:FNV |
Gold | 5.92% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Agnico Eagle Mines Limited
TO:AEM |
Gold | 0.04% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 1.17% |
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
Osisko Gold Ro
TO:OR |
Gold | 3.22% |
Annual Asset Resilience Ratio for NEWPATH RESOURCES INC. (2022–2024)
The table below shows the annual Asset Resilience Ratio data for NEWPATH RESOURCES INC..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-04-30 | 22.45% | €362.21K ≈ $423.46K |
€1.61 Million ≈ $1.89 Million |
-17.15pp |
| 2023-04-30 | 39.60% | €868.28K ≈ $1.02 Million |
€2.19 Million ≈ $2.56 Million |
+25.30pp |
| 2022-04-30 | 14.31% | €402.50K ≈ $470.56K |
€2.81 Million ≈ $3.29 Million |
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About NEWPATH RESOURCES INC.
Newpath Resources Inc. engages in the acquisition, exploration, evaluation, and development of mineral resource properties in Canada. It primarily explores for gold and lithium deposits. The company was formerly known as Ready Set Gold Corp. Newpath Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.