Goldex Resources Corp - Asset Resilience Ratio
Goldex Resources Corp (GDX) has an Asset Resilience Ratio of 0.18% as of September 2017. 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 Goldex Resources Corp strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2017)
This chart shows how Goldex Resources Corp's Asset Resilience Ratio has changed over time. See debt-free asset ratio of Goldex Resources Corp to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Goldex Resources 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 GDX market cap overview.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.95K | 0.18% |
| Total Liquid Assets | CA$1.95K | 0.18% |
Asset Resilience Insights
- Limited Liquidity: Goldex Resources Corp maintains only 0.18% 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.
Goldex Resources Corp Industry Peers by Asset Resilience Ratio
Compare Goldex Resources Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Chifeng Jilong Gold Mining Co Ltd
SHG:600988 |
Gold | 0.27% |
|
G Mining Ventures Corp.
TO:GMIN |
Gold | 6.91% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
Montage Gold Corp.
TO:MAU |
Gold | 0.67% |
|
De Grey Mining Ltd
AU:DEG |
Gold | 57.44% |
|
Torex Gold Resources Inc
TO:TXG |
Gold | 3.96% |
Annual Asset Resilience Ratio for Goldex Resources Corp (2015–2017)
The table below shows the annual Asset Resilience Ratio data for Goldex Resources Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2017-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$1.25 Million ≈ $906.26K |
-- |
| 2016-12-31 | 1.47% | CA$16.02K ≈ $11.59K |
CA$1.09 Million ≈ $787.38K |
+0.13pp |
| 2015-12-31 | 1.34% | CA$15.00K ≈ $10.85K |
CA$1.12 Million ≈ $809.28K |
-- |
About Goldex Resources Corp
Goldex Resources Corporation, through its subsidiaries, engages in the acquisition and exploration of mineral properties in Canada and Guatemala. It primarily explores for gold deposits. The company was incorporated in 1987 and is headquartered in Vancouver, Canada.