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. See MEX working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2020)
This chart shows how Mexican Gold Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see MEX total assets.
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. Read total liabilities of Mexican Gold Corp for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
China Gold International Resources
TO:CGG |
Other Precious Metals & Mining | 11.22% |
|
Artemis Gold Inc
V:ARTG |
Other Precious Metals & Mining | 0.00% |
|
Triple Flag Precious Metals Corp
TO:TFPM |
Other Precious Metals & Mining | 7.79% |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711 |
Other Precious Metals & Mining | 0.84% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
29METALS Ltd
AU:29M |
Other Precious Metals & Mining | 0.00% |
|
Orvana Minerals Corp.
TO:ORV |
Other Precious Metals & Mining | 15.73% |
|
Sierra Madre Gold and Silver Ltd
V:SM |
Other Precious Metals & Mining | 5.46% |
Annual Asset Resilience Ratio for Mexican Gold Corp (2020–2020)
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 |
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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