GGX Gold Corp Asset Resilience Ratio
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. See GGX Gold Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of GGX Gold Corp (None–None)
Asset resilience ratio of GGX Gold Corp from None to None. This chart shows how GGX Gold Corp's Asset Resilience Ratio has changed over time. Read GGX total liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see GGX total assets.
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 |
|---|---|---|
|
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% |
GGX Gold Corp Asset Resilience Ratio by Year (None–None)
GGX Gold Corp asset resilience ratio by year from None to 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