GMV Minerals Inc Asset Resilience Ratio

Latest as of September 2023: 0.18%

GMV Minerals Inc asset resilience ratio. GMV Minerals Inc (GMV) has an Asset Resilience Ratio of 0.18% as of September 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. See how many days can GMV Minerals Inc fund operations to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CA$15.00K
≈ $10.85K USD Cash + Short-term Investments

Total Assets

CA$8.12 Million
≈ $5.87 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of GMV Minerals Inc (2010–2023)

Asset resilience ratio of GMV Minerals Inc from 2010 to 2023. This chart shows how GMV Minerals Inc's Asset Resilience Ratio has changed over time. Read total liabilities of GMV Minerals Inc for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down GMV Minerals Inc'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 how large is GMV Minerals Inc's balance sheet.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$15.00K 0.18%
Total Liquid Assets CA$15.00K 0.18%

Asset Resilience Insights

  • Limited Liquidity: GMV Minerals Inc 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.

GMV Minerals Inc Industry Peers by Asset Resilience Ratio

Compare GMV Minerals Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Newmont Corporation
AU:NEM
Gold 0.01%
Barrick Gold Corp
TO:ABX
Gold 13.03%
Wheaton Precious Metals Corp
TO:WPM
Gold 1.69%
Evolution Mining Ltd
AU:EVN
Gold 9.64%
Equinox Gold Corp
TO:EQX
Gold 1.42%
Dundee Precious Metals Inc
TO:DPM
Gold 16.16%
Perseus Mining Ltd
AU:PRU
Gold 14.98%
OceanaGold Corporation
TO:OGC
Gold 13.91%

GMV Minerals Inc Asset Resilience Ratio by Year (2010–2023)

GMV Minerals Inc asset resilience ratio by year from 2010 to 2023. The table below shows the annual Asset Resilience Ratio data for GMV Minerals Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-06-30 0.18% CA$15.00K
≈ $10.85K
CA$8.37 Million
≈ $6.05 Million
-0.03pp
2022-06-30 0.21% CA$15.00K
≈ $10.85K
CA$7.05 Million
≈ $5.10 Million
-4.68pp
2019-06-30 4.90% CA$250.00K
≈ $180.85K
CA$5.11 Million
≈ $3.69 Million
--
2017-06-30 0.00% CA$0.00
≈ $0.00
CA$4.41 Million
≈ $3.19 Million
--
2014-06-30 28.12% CA$292.50K
≈ $211.59K
CA$1.04 Million
≈ $752.55K
+23.01pp
2013-06-30 5.11% CA$75.00K
≈ $54.25K
CA$1.47 Million
≈ $1.06 Million
+4.56pp
2012-06-30 0.54% CA$58.91K
≈ $42.61K
CA$10.86 Million
≈ $7.86 Million
-2.09pp
2010-06-30 2.64% CA$73.00K
≈ $52.81K
CA$2.77 Million
≈ $2.00 Million
--
pp = percentage points

About GMV Minerals Inc

V:GMV Canada Gold
Market Cap
$12.41 Million
CA$17.15 Million CAD
Market Cap Rank
#26361 Global
#1056 in Canada
Share Price
CA$0.14
Change (1 day)
+0.00%
52-Week Range
CA$0.12 - CA$0.29
All Time High
CA$0.69
About

GMV Minerals Inc., an exploration stage company, engages in the sourcing and exploration of mineral properties in the United States. It primarily explores for gold and lithium deposits. The company holds a 100% interest in the Mexican Hat Gold Project that consists of 40 unpatented lode mining claims covering an area of approximately 4,800 acres located in Cochise County, Arizona. It also has an … Read more