Majestic Gold Corp. - Asset Resilience Ratio
Majestic Gold Corp. (MJS) has an Asset Resilience Ratio of 0.00% as of December 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. Check Majestic Gold Corp. strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2008–2023)
This chart shows how Majestic Gold Corp.'s Asset Resilience Ratio has changed over time. See how leveraged is Majestic Gold Corp.'s balance sheet to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Majestic 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 Majestic Gold Corp. market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Majestic Gold Corp. maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Majestic Gold Corp. Industry Peers by Asset Resilience Ratio
Compare Majestic Gold Corp.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.00% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Coeur Mining Inc
NYSE:CDE |
Gold | 11.79% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
Annual Asset Resilience Ratio for Majestic Gold Corp. (2008–2023)
The table below shows the annual Asset Resilience Ratio data for Majestic Gold Corp..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$187.23 Million ≈ $135.44 Million |
-- |
| 2022-12-31 | 5.29% | CA$7.38 Million ≈ $5.34 Million |
CA$139.61 Million ≈ $100.99 Million |
-- |
| 2021-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$128.04 Million ≈ $92.62 Million |
-- |
| 2019-12-31 | 0.04% | CA$42.34K ≈ $30.63K |
CA$120.08 Million ≈ $86.86 Million |
-0.25pp |
| 2017-12-31 | 0.28% | CA$301.07K ≈ $217.79K |
CA$105.73 Million ≈ $76.48 Million |
-- |
| 2016-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$93.31 Million ≈ $67.50 Million |
-- |
| 2015-12-31 | 0.21% | CA$196.45K ≈ $142.11K |
CA$95.68 Million ≈ $69.21 Million |
+0.17pp |
| 2014-12-31 | 0.04% | CA$34.38K ≈ $24.87K |
CA$96.73 Million ≈ $69.97 Million |
+0.01pp |
| 2013-12-31 | 0.02% | CA$26.24K ≈ $18.98K |
CA$105.24 Million ≈ $76.13 Million |
-0.05pp |
| 2012-12-31 | 0.07% | CA$82.71K ≈ $59.83K |
CA$110.51 Million ≈ $79.94 Million |
-0.23pp |
| 2011-12-31 | 0.30% | CA$145.07K ≈ $104.94K |
CA$47.97 Million ≈ $34.70 Million |
-0.65pp |
| 2010-12-31 | 0.96% | CA$213.50K ≈ $154.44K |
CA$22.31 Million ≈ $16.14 Million |
+0.67pp |
| 2009-12-31 | 0.29% | CA$44.99K ≈ $32.55K |
CA$15.43 Million ≈ $11.16 Million |
-0.59pp |
| 2008-12-31 | 0.88% | CA$149.72K ≈ $108.30K |
CA$17.05 Million ≈ $12.33 Million |
-- |
About Majestic Gold Corp.
Majestic Gold Corp., a mining company, focuses on exploration, development, and operation of mining properties in China. The company primarily explores for gold ores. Its flagship project is the Songjiagou gold mine located in the Shandong Province of China. The company was incorporated in 1986 and is headquartered in Surrey, Canada.