Granada Gold Mine Inc - Asset Resilience Ratio

Latest as of March 2023: 17.73%

Granada Gold Mine Inc (GGM) has an Asset Resilience Ratio of 17.73% as of March 2023. 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$190.52K
Cash + Short-term Investments

Total Assets

CA$1.07 Million
All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2022)

This chart shows how Granada Gold Mine Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Granada Gold Mine Inc'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$190.52K 17.73%
Total Liquid Assets CA$190.52K 17.73%

Asset Resilience Insights

  • Good Liquidity Position: Granada Gold Mine Inc maintains a healthy 17.73% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company has significant short-term investments, indicating active treasury management.

Granada Gold Mine Inc Industry Peers by Asset Resilience Ratio

Compare Granada Gold Mine Inc'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 Granada Gold Mine Inc (2021–2022)

The table below shows the annual Asset Resilience Ratio data for Granada Gold Mine Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-06-30 12.89% CA$285.78K CA$2.22 Million -30.19pp
2021-06-30 43.08% CA$1.64 Million CA$3.80 Million --
pp = percentage points

About Granada Gold Mine Inc

V:GGM Canada Gold
Market Cap
$9.86 Million
CA$13.64 Million CAD
Market Cap Rank
#30356 Global
#1151 in Canada
Share Price
CA$0.06
Change (1 day)
+9.09%
52-Week Range
CA$0.03 - CA$0.11
All Time High
CA$0.73
About

Granada Gold Mine Inc., a junior mining and exploration company, acquires, explores, and develops mineral properties in Canada. The company explores for gold deposits. It holds 100% interest in Granada gold property, which covers an area of approximately 14.73 square kilometers of land in a combination of mining leases and claims located in Rouyn-Noranda, Quebec. The company was formerly known as… Read more