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. See Majestic Gold Corp. (MJS) 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 (2008–2023)
This chart shows how Majestic Gold Corp.'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see MJS current and non-current assets.
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. Explore MJS long-term investment intensity to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
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% |
|
Northern Star Resources Ltd
AU:NST |
Gold | 0.51% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
Zhongjin Gold Corp Ltd
SHG:600489 |
Gold | 0.02% |
|
Osisko Gold Ro
TO:OR |
Gold | 3.22% |
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. The company was incorporated in 1986 and is headquartered in Surrey, Canada.