Falcon Gold Corp - Asset Resilience Ratio

Latest as of March 2024: 1.58%

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.

Liquid Assets

CA$64.27K
Cash + Short-term Investments

Total Assets

CA$4.08 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Falcon 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 Falcon 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 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
Asante Gold Corporation
F:1A9
Gold 0.23%
Yukon Metals Corp.
F:E770
Gold 27.36%
Alamos Gold Inc
NYSE:AGI
Gold 0.77%
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
Gold 4.22%
Bahvest Resources Bhd
KLSE:0098
Gold 31.41%
American Pacific Mining Corp
F:1QC1
Gold 0.00%
Rio2 Limited
F:1SB
Gold 0.04%

Annual Asset Resilience Ratio for Falcon Gold Corp (2021–2023)

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 CA$3.42 Million -2.60pp
2022-06-30 6.08% CA$161.31K CA$2.65 Million -4.62pp
2021-06-30 10.70% CA$253.78K CA$2.37 Million --
pp = percentage points

About Falcon Gold Corp

V:FG Canada Gold
Market Cap
$4.08 Million
CA$5.64 Million CAD
Market Cap Rank
#33235 Global
#1550 in Canada
Share Price
CA$0.03
Change (1 day)
+0.00%
52-Week Range
CA$0.01 - CA$0.03
All Time High
CA$0.50
About

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 located in Hutchinson Township, east of Atikokan in Northern Ontario. The company was formerly k… Read more