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. Check MEX capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
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. See Mexican Gold Corp balance sheet independence to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see how much is Mexican Gold Corp worth.
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 |
|---|---|---|
|
Hecla Mining Company
NYSE:HL |
Other Precious Metals & Mining | 0.58% |
|
Triple Flag Precious Metals Corp
TO:TFPM |
Other Precious Metals & Mining | 7.79% |
|
Minerals 260 Ltd
AU:MI6 |
Other Precious Metals & Mining | 0.29% |
|
Santana Minerals Ltd
AU:SMI |
Other Precious Metals & Mining | 55.11% |
|
Bougainville Copper Ltd
AU:BOC |
Other Precious Metals & Mining | 12.37% |
|
Many Peaks Minerals Ltd
AU:MPK |
Other Precious Metals & Mining | 41.38% |
|
Gemfields Group Limited
F:5PH |
Other Precious Metals & Mining | 0.13% |
|
Haranga Resources Ltd
AU:HAR |
Other Precious Metals & Mining | 60.20% |
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