Falcon Gold Corp Asset Resilience Ratio
Falcon Gold Corp asset resilience ratio. Falcon Gold Corp (FG) has an Asset Resilience Ratio of 1.58% as of March 2024. 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. See how many days can Falcon Gold Corp fund operations to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Falcon Gold Corp (2021–2023)
Asset resilience ratio of Falcon Gold Corp from 2021 to 2023. This chart shows how Falcon Gold Corp's Asset Resilience Ratio has changed over time. Read Falcon Gold Corp (FG) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Falcon Gold Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see FG total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$64.27K | 1.58% |
| Total Liquid Assets | CA$64.27K | 1.58% |
Asset Resilience Insights
- Limited Liquidity: Falcon Gold Corp maintains only 1.58% 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.
Falcon Gold Corp Industry Peers by Asset Resilience Ratio
Compare Falcon Gold Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Contango ORE Inc
NYSE MKT:CTGO |
Gold | 0.00% |
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.03% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
De Grey Mining Ltd
AU:DEG |
Gold | 57.44% |
Falcon Gold Corp Asset Resilience Ratio by Year (2021–2023)
Falcon Gold Corp asset resilience ratio by year from 2021 to 2023. The table below shows the annual Asset Resilience Ratio data for Falcon Gold Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 3.48% | CA$118.96K ≈ $86.05K |
CA$3.42 Million ≈ $2.47 Million |
-2.60pp |
| 2022-06-30 | 6.08% | CA$161.31K ≈ $116.69K |
CA$2.65 Million ≈ $1.92 Million |
-4.62pp |
| 2021-06-30 | 10.70% | CA$253.78K ≈ $183.58K |
CA$2.37 Million ≈ $1.72 Million |
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About Falcon Gold Corp
Falcon Gold Corp. generates, acquires, explores, evaluates, and advances mineral properties in Canada and the Americas. The company explores for gold, silver, copper, nickel, cobalt, base, and precious metal deposits, as well as diamonds. Its flagship project is the 100% owned Central Canada Gold Mine covering an area of 180 km located in Hutchinson Township, east of Atikokan in Northern Ontario.… Read more