NewOrigin Gold Corp
NewOrigin Gold Corp. engages in the acquisition and exploration of mineral properties in the Canadian Shield, Canada. It explores for gold, nickel, copper, silver, lead, zinc, diamond, and cobalt deposits. The company holds 100% interests in the Sky Lake gold project, which comprises of 446 single cell mining claims covering an area of approximately 87.6 square kilometers and 29 patented mining c… Read more
NewOrigin Gold Corp - Asset Resilience Ratio
NewOrigin Gold Corp (TROIF) has an Asset Resilience Ratio of -0.09% as of March 2022. 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 (2013–2021)
This chart shows how NewOrigin Gold 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 NewOrigin Gold 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 | $-3.63K | -0.09% |
| Total Liquid Assets | $-3.63K | -0.09% |
Asset Resilience Insights
- Limited Liquidity: NewOrigin Gold Corp maintains only -0.09% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
NewOrigin Gold Corp Industry Peers by Asset Resilience Ratio
Compare NewOrigin Gold 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 NewOrigin Gold Corp (2013–2021)
The table below shows the annual Asset Resilience Ratio data for NewOrigin Gold Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-06-30 | -0.30% | $-4.60K | $1.52 Million | -- |
| 2019-06-30 | 0.00% | $0.00 | $1.96 Million | -- |
| 2018-06-30 | 3.91% | $93.46K | $2.39 Million | -8.25pp |
| 2017-06-30 | 12.16% | $256.61K | $2.11 Million | -0.86pp |
| 2016-06-30 | 13.02% | $616.86K | $4.74 Million | -0.38pp |
| 2015-06-30 | 13.39% | $779.85K | $5.82 Million | -- |
| 2014-06-30 | 0.00% | $0.00 | $5.81 Million | -- |
| 2013-06-30 | 0.00% | $0.00 | $6.03 Million | -- |