Goldex Resources Corp Asset Resilience Ratio
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. See GDX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Goldex Resources Corp (2015–2017)
Asset resilience ratio of Goldex Resources Corp from 2015 to 2017. This chart shows how Goldex Resources Corp's Asset Resilience Ratio has changed over time. Read GDX total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see GDX asset base.
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 |
|---|---|---|
|
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% |
Goldex Resources Corp Asset Resilience Ratio by Year (2015–2017)
Goldex Resources Corp asset resilience ratio by year from 2015 to 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.