Newlox Gold Ventures Corp

PINK:NWLXF USA Waste Management
Market Cap
$9.03 Million
Market Cap Rank
#29755 Global
#9841 in USA
Share Price
$0.04
Change (1 day)
+0.00%
52-Week Range
$0.00 - $0.04
All Time High
$0.48
About

Newlox Gold Ventures Corp., through its subsidiary, operates as an environmental reclamation and mineral recovery company in Costa Rica. It undertakes tailings remediation and gold recovery projects. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

Newlox Gold Ventures Corp - Asset Resilience Ratio

Latest as of December 2023: 6.04%

Newlox Gold Ventures Corp (NWLXF) has an Asset Resilience Ratio of 6.04% as of December 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
$495.22K
Cash + Short-term Investments
Total Assets
$8.20 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Newlox Gold Ventures 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 Newlox Gold Ventures 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 $495.22K 6.04%
Total Liquid Assets $495.22K 6.04%

Asset Resilience Insights

  • Limited Liquidity: Newlox Gold Ventures Corp maintains only 6.04% 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.

Newlox Gold Ventures Corp Industry Peers by Asset Resilience Ratio

Compare Newlox Gold Ventures Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
China Tianying Inc
SHE:000035
Waste Management 0.34%
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
Waste Management 0.84%
BECE Legend Group Co Ltd
SHE:000803
Waste Management -2.40%
Tus-Sound Environmental Resources Co Ltd
SHE:000826
Waste Management 0.01%
Wangneng Environment Co Ltd
SHE:002034
Waste Management 0.07%
Beijing Orient Landscape Co Ltd
SHE:002310
Waste Management 0.00%
JAG Bhd
KLSE:0024
Waste Management 3.45%
Qiaoyin Environmental Tech Co Ltd
SHE:002973
Waste Management 0.07%

Annual Asset Resilience Ratio for Newlox Gold Ventures Corp (None–None)

The table below shows the annual Asset Resilience Ratio data for Newlox Gold Ventures Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points