Majestic Gold Corp. - Asset Resilience Ratio

Latest as of December 2023: 0.00%

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

CA$0.00
≈ $0.00 USD Cash + Short-term Investments

Total Assets

CA$187.23 Million
≈ $135.44 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

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
--
pp = percentage points

About Majestic Gold Corp.

V:MJS Canada Gold
Market Cap
$90.51 Million
CA$125.12 Million CAD
Market Cap Rank
#19630 Global
#671 in Canada
Share Price
CA$0.12
Change (1 day)
+4.35%
52-Week Range
CA$0.12 - CA$0.22
All Time High
CA$0.22
About

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.