Norsemont Mining Inc
Norsemont Mining Inc., a junior mining company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Choquelimpie project covering an area of approximately 5,757 hectares located in Northern Chile. The company was formerly known as Norsemont Capital Inc. and changed its name to … Read more
Norsemont Mining Inc - Asset Resilience Ratio
Norsemont Mining Inc (NRRSF) has an Asset Resilience Ratio of 86.42% as of December 2010. 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 (2010–2010)
This chart shows how Norsemont Mining 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 Norsemont Mining 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 | $900.00K | 86.42% |
| Total Liquid Assets | $900.00K | 86.42% |
Asset Resilience Insights
- Very High Liquidity: Norsemont Mining Inc maintains exceptional liquid asset reserves at 86.42% 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.
Norsemont Mining Inc Industry Peers by Asset Resilience Ratio
Compare Norsemont Mining 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 Norsemont Mining Inc (2010–2010)
The table below shows the annual Asset Resilience Ratio data for Norsemont Mining Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2010-12-31 | 86.42% | $900.00K | $1.04 Million | -- |