Visible Gold Mines Inc
Visible Gold Mines Inc. engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for gold and lithium deposits. Visible Gold Mines Inc. was incorporated in 2007 and is headquartered in Rouyn-Noranda, Canada.
Visible Gold Mines Inc - Asset Resilience Ratio
Visible Gold Mines Inc (VGMIF) has an Asset Resilience Ratio of 0.00% as of April 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 (2009–2018)
This chart shows how Visible Gold Mines 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 Visible Gold Mines 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 | $0.00 | 0% |
| Total Liquid Assets | $0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Visible Gold Mines Inc 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 maintains a balanced mix of cash and short-term investments.
Visible Gold Mines Inc Industry Peers by Asset Resilience Ratio
Compare Visible Gold Mines 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 Visible Gold Mines Inc (2009–2018)
The table below shows the annual Asset Resilience Ratio data for Visible Gold Mines Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-07-31 | 0.00% | $0.00 | $8.23 Million | -- |
| 2017-07-31 | 0.00% | $0.00 | $8.23 Million | -- |
| 2016-07-31 | 7.19% | $647.50K | $9.01 Million | +5.00pp |
| 2015-07-31 | 2.19% | $175.00K | $8.00 Million | -1.30pp |
| 2014-07-31 | 3.49% | $350.00K | $10.03 Million | +0.30pp |
| 2013-07-31 | 3.19% | $350.00K | $10.97 Million | -0.15pp |
| 2012-07-31 | 3.35% | $475.00K | $14.20 Million | -0.93pp |
| 2011-07-31 | 4.28% | $575.00K | $13.44 Million | +2.20pp |
| 2010-07-31 | 2.07% | $97.02K | $4.68 Million | -5.80pp |
| 2009-07-31 | 7.88% | $410.00K | $5.21 Million | -- |