Mexican Gold Corp Asset Resilience Ratio
Mexican Gold Corp asset resilience ratio. Mexican Gold Corp (MEX) has an Asset Resilience Ratio of 85.27% as of March 2020. 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. Read MEX current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Mexican Gold Corp (2020–2020)
Asset resilience ratio of Mexican Gold Corp from 2020 to 2020. This chart shows how Mexican Gold Corp's Asset Resilience Ratio has changed over time. See Mexican Gold Corp free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Mexican 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 Mexican Gold Corp assets under control.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$2.00 Million | 85.27% |
| Total Liquid Assets | CA$2.00 Million | 85.27% |
Asset Resilience Insights
- Very High Liquidity: Mexican Gold Corp maintains exceptional liquid asset reserves at 85.27% 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.
Mexican Gold Corp Industry Peers by Asset Resilience Ratio
Compare Mexican Gold Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Valterra Platinum Limited
JSE:VAL |
Other Precious Metals & Mining | 9.40% |
|
Zimplats Holdings Ltd
AU:ZIM |
Other Precious Metals & Mining | 0.43% |
|
Tharisa plc
JSE:THA |
Other Precious Metals & Mining | 0.01% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
Antipa Minerals Ltd
AU:AZY |
Other Precious Metals & Mining | 36.40% |
|
Challenger Gold Ltd
AU:CEL |
Other Precious Metals & Mining | 21.01% |
|
Medallion Metals Ltd
AU:MM8 |
Other Precious Metals & Mining | 32.46% |
|
Midas Minerals Ltd
AU:MM1 |
Other Precious Metals & Mining | 1.07% |
Mexican Gold Corp Asset Resilience Ratio by Year (2020–2020)
Mexican Gold Corp asset resilience ratio by year from 2020 to 2020. The table below shows the annual Asset Resilience Ratio data for Mexican Gold Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-06-30 | 86.42% | CA$1.70 Million ≈ $1.23 Million |
CA$1.97 Million ≈ $1.42 Million |
-- |
About Mexican Gold Corp
Mexican Gold Mining Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of resource properties in Mexico. The company primarily explores for gold, copper, silver, and magnetite deposits. It holds a 100% interest in the Las Minas project that consists of six mineral concessions located in the Las Minas district in the state of Veracruz, Mexico and 100% int… Read more