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.
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. Compare with other companies' asset resilience ratios.
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.
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 |
|---|---|---|
|
Resource Base Ltd
AU:RBX |
Gold | 44.13% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
|
Asante Gold Corporation
F:1A9 |
Gold | 0.23% |
|
American Pacific Mining Corp
F:1QC1 |
Gold | 0.00% |
|
Rio2 Limited
F:1SB |
Gold | 0.04% |
|
AIS Resources Ltd
V:AIS |
Gold | 97.35% |
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 | CA$187.23 Million | -- |
| 2022-12-31 | 5.29% | CA$7.38 Million | CA$139.61 Million | -- |
| 2021-12-31 | 0.00% | CA$0.00 | CA$128.04 Million | -- |
| 2019-12-31 | 0.04% | CA$42.34K | CA$120.08 Million | -0.25pp |
| 2017-12-31 | 0.28% | CA$301.07K | CA$105.73 Million | -- |
| 2016-12-31 | 0.00% | CA$0.00 | CA$93.31 Million | -- |
| 2015-12-31 | 0.21% | CA$196.45K | CA$95.68 Million | +0.17pp |
| 2014-12-31 | 0.04% | CA$34.38K | CA$96.73 Million | +0.01pp |
| 2013-12-31 | 0.02% | CA$26.24K | CA$105.24 Million | -0.05pp |
| 2012-12-31 | 0.07% | CA$82.71K | CA$110.51 Million | -0.23pp |
| 2011-12-31 | 0.30% | CA$145.07K | CA$47.97 Million | -0.65pp |
| 2010-12-31 | 0.96% | CA$213.50K | CA$22.31 Million | +0.67pp |
| 2009-12-31 | 0.29% | CA$44.99K | CA$15.43 Million | -0.59pp |
| 2008-12-31 | 0.88% | CA$149.72K | CA$17.05 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.