Northgold AB - Asset Resilience Ratio

Latest as of June 2023: 4.84%

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. Read NG current and long-term liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

Skr2.76 Million

≈ $296.70K USD Cash + Short-term Investments

Total Assets

Skr57.00 Million

≈ $6.13 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2016–2022)

This chart shows how Northgold AB's Asset Resilience Ratio has changed over time. See NG net asset value for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see market cap of Northgold AB.

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
Barrick Gold Corp TO:ABX	Gold	13.03%
New Gold Inc TO:NGD	Gold	0.04%
Franco-Nevada Corporation TO:FNV	Gold	2.88%
Kinross Gold Corp TO:K	Gold	9.89%
Pan American Silver Corp TO:PAAS	Gold	13.56%
Alamos Gold Inc TO:AGI	Gold	8.52%
OceanaGold Corporation TO:OGC	Gold	11.64%
Genesis Minerals Ltd AU:GMD	Gold	0.15%

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 ≈ $474.16K	Skr37.72 Million ≈ $4.06 Million	-15.12pp
2021-12-31	26.80%	Skr3.59 Million ≈ $385.91K	Skr13.38 Million ≈ $1.44 Million	+25.92pp
2019-12-31	0.88%	Skr2.86 Million ≈ $307.35K	Skr326.05 Million ≈ $35.09 Million	-0.59pp
2018-12-31	1.46%	Skr4.83 Million ≈ $519.57K	Skr330.01 Million ≈ $35.51 Million	+0.06pp
2017-12-31	1.40%	Skr4.77 Million ≈ $513.01K	Skr339.64 Million ≈ $36.55 Million	-10.06pp
2016-12-31	11.47%	Skr30.44 Million ≈ $3.28 Million	Skr265.48 Million ≈ $28.57 Million	--

pp = percentage points

About Northgold AB

ST:NG Sweden Gold

Market Cap

$1.38 Million

Skr12.83 Million SEK

Market Cap Rank

#30009 Global

#706 in Sweden

Share Price

Skr0.56

Change (1 day)

+5.64%

52-Week Range

Skr0.50 - Skr0.82

All Time High

Skr70.20