Northgold AB
Northgold AB (publ) operates as a gold exploration and development company in Sweden. Its flagship project is the Kopsa gold and copper project located in the Middle Ostrobothnia Gold Belt of Central Finland. The company also holds interest in the Kiimala trend and Hirsikangas project located in the Middle Ostrobothnia Gold Belt of Central Finland. Northgold AB (publ) was incorporated in 2020 and… Read more
Northgold AB - Asset Resilience Ratio
Northgold AB (NG) has an Asset Resilience Ratio of 4.84% as of June 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2022)
This chart shows how Northgold AB's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Northgold AB'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 | Skr2.76 Million | 4.84% |
| Short-term Investments | Skr0.00 | 0% |
| Total Liquid Assets | Skr2.76 Million | 4.84% |
Asset Resilience Insights
- Limited Liquidity: Northgold AB maintains only 4.84% 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.
Northgold AB Industry Peers by Asset Resilience Ratio
Compare Northgold AB'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 Northgold AB (2016–2022)
The table below shows the annual Asset Resilience Ratio data for Northgold AB.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 11.68% | Skr4.41 Million | Skr37.72 Million | -15.12pp |
| 2021-12-31 | 26.80% | Skr3.59 Million | Skr13.38 Million | +25.92pp |
| 2019-12-31 | 0.88% | Skr2.86 Million | Skr326.05 Million | -0.59pp |
| 2018-12-31 | 1.46% | Skr4.83 Million | Skr330.01 Million | +0.06pp |
| 2017-12-31 | 1.40% | Skr4.77 Million | Skr339.64 Million | -10.06pp |
| 2016-12-31 | 11.47% | Skr30.44 Million | Skr265.48 Million | -- |