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. Check asset allocation strategy of Falcon Gold Corp to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$64.27K
≈ $46.49K USD Cash + Short-term Investments

Total Assets

CA$4.08 Million
≈ $2.95 Million USD 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. See Falcon Gold Corp net asset quality index to measure how much of total assets are equity-financed.

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 market capitalisation and broader financial context, see market value of Falcon Gold Corp.

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
Barrick Mining Corporation
NYSE:B
Gold 13.00%
Wheaton Precious Metals Corp
TO:WPM
Gold 1.69%
AngloGold Ashanti Ltd
JSE:ANG
Gold 13.83%
Gold Fields Ltd ADR
NYSE:GFI
Gold 11.69%
Kinross Gold Corp
TO:K
Gold 9.89%
Pan American Silver Corp
TO:PAAS
Gold 13.56%
Coeur Mining Inc
NYSE:CDE
Gold 11.79%
Northern Star Resources Limited
F:NS7
Gold 0.51%

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
≈ $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
--
pp = percentage points

About Falcon Gold Corp

V:FG Canada Gold
Market Cap
$4.76 Million
CA$6.58 Million CAD
Market Cap Rank
#29465 Global
#1436 in Canada
Share Price
CA$0.04
Change (1 day)
+0.00%
52-Week Range
CA$0.01 - CA$0.04
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