Sixty North Gold Mining Ltd
Sixty North Gold Mining Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold. It holds 100% interest in the Mon Property that includes 13 contiguous mining leases and 1 mineral claim comprising an area of approximately 1,536.92 acres located in Yellowknife, the Northwest Territories. Sixty North Gold Mining Ltd. was… Read more
Sixty North Gold Mining Ltd - Asset Resilience Ratio
Sixty North Gold Mining Ltd (SXNTF) has an Asset Resilience Ratio of 0.03% as of October 2019. 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 (2016–2019)
This chart shows how Sixty North Gold Mining Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Sixty North Gold Mining Ltd'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 | $805.00 | 0.03% |
| Total Liquid Assets | $805.00 | 0.03% |
Asset Resilience Insights
- Limited Liquidity: Sixty North Gold Mining Ltd maintains only 0.03% 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.
Sixty North Gold Mining Ltd Industry Peers by Asset Resilience Ratio
Compare Sixty North Gold Mining Ltd'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 Sixty North Gold Mining Ltd (2016–2019)
The table below shows the annual Asset Resilience Ratio data for Sixty North Gold Mining Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-10-31 | 0.03% | $805.00 | $2.76 Million | -- |
| 2018-10-31 | 0.00% | $0.00 | $2.36 Million | -- |
| 2017-10-31 | 0.00% | $0.00 | $1.96 Million | -- |
| 2016-10-31 | 0.00% | $0.00 | $1.78 Million | -- |