Newfoundland Discovery Corp
Newfoundland Discovery Corp., a junior exploration company, engages in the evaluation, exploration, and development of mineral properties in Canada. The company primarily explores for gold and lithium deposits. Its flagship project is Sugaree Lithium Project that consists of 340 claims comprising 2,376 hectares located to the Quetico Subprovince, Ontario. The company was formerly known as Great T… Read more
Newfoundland Discovery Corp - Asset Resilience Ratio
Newfoundland Discovery Corp (NEWDF) has an Asset Resilience Ratio of 0.00% as of October 2016. 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 (None–None)
This chart shows how Newfoundland Discovery Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Newfoundland Discovery Corp'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 | $1.57 | 0.0% |
| Total Liquid Assets | $1.57 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Newfoundland Discovery Corp maintains only 0.00% 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.
Newfoundland Discovery Corp Industry Peers by Asset Resilience Ratio
Compare Newfoundland Discovery Corp'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 Newfoundland Discovery Corp (None–None)
The table below shows the annual Asset Resilience Ratio data for Newfoundland Discovery Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||