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. Check strategic asset allocation of Majestic Gold Corp. to assess the company's strategic physical and investment asset allocation.
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 cap and net worth.
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 |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
G Mining Ventures Corp.
TO:GMIN |
Gold | 6.91% |
|
Wesdome Gold Mines Ltd.
TO:WDO |
Gold | 5.22% |
|
Seabridge Gold Inc.
TO:SEA |
Gold | 6.52% |
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.