GGX Gold Corp - Asset Resilience Ratio
GGX Gold Corp (GGX) has an Asset Resilience Ratio of 68.74% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (None–None)
This chart shows how GGX 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 GGX 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$693.72K | 68.74% |
| Total Liquid Assets | CA$693.72K | 68.74% |
Asset Resilience Insights
- Very High Liquidity: GGX Gold Corp maintains exceptional liquid asset reserves at 68.74% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
GGX Gold Corp Industry Peers by Asset Resilience Ratio
Compare GGX Gold Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Resource Base Ltd
AU:RBX |
Gold | 44.13% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
|
Asante Gold Corporation
F:1A9 |
Gold | 0.23% |
|
American Pacific Mining Corp
F:1QC1 |
Gold | 0.00% |
|
Rio2 Limited
F:1SB |
Gold | 0.04% |
|
AIS Resources Ltd
V:AIS |
Gold | 97.35% |
Annual Asset Resilience Ratio for GGX Gold Corp (None–None)
The table below shows the annual Asset Resilience Ratio data for GGX Gold Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||
About GGX Gold Corp
GGX Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, and tellurium deposits. It has option agreement to acquire 100% interest in the Gold Drop Property located in the Greenwood of southern British Columbia. The company was formerly known as Revolver Resources Inc. and changed its name to GGX Gold Corp. in O… Read more