Compass Gold Corporation
Compass Gold Corporation acquires, explores, and develops mineral properties in Mali. The company primarily explores for gold deposits. Its principal property is the Sikasso property that consists of 14 exploration permits covering an area of approximately 1,173 square kilometres located in Mali, West Africa. Compass Gold Corporation was incorporated in 2002 and is based in Toronto, Canada.
Compass Gold Corporation - Asset Resilience Ratio
Compass Gold Corporation (COGDF) has an Asset Resilience Ratio of 96.96% as of December 2013. 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 (2013–2013)
This chart shows how Compass Gold Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Compass Gold Corporation'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 | $2.85 Million | 96.96% |
| Total Liquid Assets | $2.85 Million | 96.96% |
Asset Resilience Insights
- Very High Liquidity: Compass Gold Corporation maintains exceptional liquid asset reserves at 96.96% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Compass Gold Corporation Industry Peers by Asset Resilience Ratio
Compare Compass Gold Corporation'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 Compass Gold Corporation (2013–2013)
The table below shows the annual Asset Resilience Ratio data for Compass Gold Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2013-12-31 | 96.96% | $2.85 Million | $2.94 Million | -- |