NXGCF
NeXGold Mining Corp. operates as a gold exploration and development company in Canada. The company's flagship asset is the 100%-owned Goliath Gold Complex, an advanced stage high-grade gold deposit near Dryden, Ontario, which includes the Goliath, Goldlund, and Miller projects. Its Goliath property covers approximately 7,601 hectares (ha) comprising 284 mining claims totaling approximately 6,254 … Read more
NXGCF - Asset Resilience Ratio
NXGCF (NXGCF) has an Asset Resilience Ratio of 0.99% as of September 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2024)
This chart shows how NXGCF's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down NXGCF's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $1.59 Million | 0.99% |
| Total Liquid Assets | $1.59 Million | 0.99% |
Asset Resilience Insights
- Limited Liquidity: NXGCF maintains only 0.99% 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.
NXGCF Industry Peers by Asset Resilience Ratio
Compare NXGCF's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY |
Gold | 0.76% |
|
Gold Fields Limited
PINK:GFIOF |
Gold | 0.00% |
|
Guskin Gold Corp
PINK:GKIN |
Gold | 13.37% |
|
Mining Global Inc
PINK:MNGG |
Gold | 0.00% |
|
Matmown Inc
PINK:MTMW |
Gold | 0.00% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
Annual Asset Resilience Ratio for NXGCF (2020–2024)
The table below shows the annual Asset Resilience Ratio data for NXGCF.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 2.05% | $3.92 Million | $191.48 Million | +1.48pp |
| 2023-12-31 | 0.57% | $665.91K | $117.68 Million | +0.03pp |
| 2022-12-31 | 0.54% | $664.43K | $123.74 Million | +0.01pp |
| 2021-12-31 | 0.52% | $693.83K | $132.17 Million | -0.03pp |
| 2020-12-31 | 0.56% | $1.02 Million | $182.89 Million | -- |