Majestic Gold Corp. Asset Resilience Ratio
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) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Majestic Gold Corp. (2008–2023)
Asset resilience ratio of Majestic Gold Corp. from 2008 to 2023. This chart shows how Majestic Gold Corp.'s Asset Resilience Ratio has changed over time. Read Majestic Gold Corp. debt and liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see MJS total asset value.
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 |
|---|---|---|
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.03% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
Ramelius Resources Ltd
AU:RMS |
Gold | 32.89% |
|
Torex Gold Resources Inc
TO:TXG |
Gold | 3.96% |
Majestic Gold Corp. Asset Resilience Ratio by Year (2008–2023)
Majestic Gold Corp. asset resilience ratio by year from 2008 to 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.