Nevgold Corp. Asset Resilience Ratio
Nevgold Corp. asset resilience ratio. Nevgold Corp. (NAU) has an Asset Resilience Ratio of 5.24% as of September 2024. 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. Read NAU liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Nevgold Corp. (None–None)
Asset resilience ratio of Nevgold Corp. from None to None. This chart shows how Nevgold Corp.'s Asset Resilience Ratio has changed over time. See cash generation quality of Nevgold Corp. to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Nevgold 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 Nevgold Corp. (NAU) total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.50 Million | 5.24% |
| Total Liquid Assets | CA$1.50 Million | 5.24% |
Asset Resilience Insights
- Limited Liquidity: Nevgold Corp. maintains only 5.24% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Nevgold Corp. Industry Peers by Asset Resilience Ratio
Compare Nevgold Corp.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Valterra Platinum Limited
JSE:VAL |
Other Precious Metals & Mining | 9.40% |
|
Zimplats Holdings Ltd
AU:ZIM |
Other Precious Metals & Mining | 0.43% |
|
Tharisa plc
JSE:THA |
Other Precious Metals & Mining | 0.01% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
Antipa Minerals Ltd
AU:AZY |
Other Precious Metals & Mining | 36.40% |
|
Challenger Gold Ltd
AU:CEL |
Other Precious Metals & Mining | 21.01% |
|
Medallion Metals Ltd
AU:MM8 |
Other Precious Metals & Mining | 32.46% |
|
Midas Minerals Ltd
AU:MM1 |
Other Precious Metals & Mining | 1.07% |
Nevgold Corp. Asset Resilience Ratio by Year (None–None)
Nevgold Corp. asset resilience ratio by year from None to None. The table below shows the annual Asset Resilience Ratio data for Nevgold Corp..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||
About Nevgold Corp.
Nevgold Corp. engages in the exploration and development of mineral properties in North America. The company explores for gold, silver, and copper deposits. Nevgold Corp. is headquartered in Vancouver, Canada.