Granada Gold Mine Inc
Granada Gold Mine Inc., a junior mining and exploration company, acquires, explores, and develops mineral properties in Canada. The company explores for gold deposits. It holds 100% interest in Granada gold property, which covers an area of approximately 14.73 square kilometers of land in a combination of mining leases and claims located in Rouyn-Noranda, Quebec. The company was formerly known as… Read more
Granada Gold Mine Inc - Asset Resilience Ratio
Granada Gold Mine Inc (GBBFF) has an Asset Resilience Ratio of 19.25% as of March 2023. 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 (2016–2022)
This chart shows how Granada Gold Mine Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Granada Gold Mine Inc'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 | $206.85K | 19.25% |
| Total Liquid Assets | $206.85K | 19.25% |
Asset Resilience Insights
- Good Liquidity Position: Granada Gold Mine Inc maintains a healthy 19.25% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Granada Gold Mine Inc Industry Peers by Asset Resilience Ratio
Compare Granada Gold Mine Inc'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 Granada Gold Mine Inc (2016–2022)
The table below shows the annual Asset Resilience Ratio data for Granada Gold Mine Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-06-30 | 15.47% | $342.83K | $2.22 Million | -27.61pp |
| 2021-06-30 | 43.08% | $1.64 Million | $3.80 Million | -- |
| 2018-06-30 | 0.00% | $0.00 | $4.23 Million | -- |
| 2017-06-30 | 0.00% | $0.00 | $2.37 Million | -- |
| 2016-06-30 | 0.00% | $0.00 | $1.79 Million | -- |