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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (None–None)
This chart shows how Nevgold Corp.'s Asset Resilience Ratio has changed over time. Check Nevgold Corp. strategic capital allocation to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see NAU market cap.
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 |
|---|---|---|
|
Yintai Resources Co Ltd
SHE:000975 |
Other Precious Metals & Mining | 7.47% |
|
Northam Platinum Holdings Ltd
JSE:NPH |
Other Precious Metals & Mining | 0.10% |
|
AbraSilver Resource Corp.
TO:ABRA |
Other Precious Metals & Mining | 43.86% |
|
Zimplats Holdings Ltd
AU:ZIM |
Other Precious Metals & Mining | 0.28% |
|
GoGold Resources Inc.
TO:GGD |
Other Precious Metals & Mining | 47.60% |
|
Blackrock Silver Corp
V:BRC |
Other Precious Metals & Mining | 2.26% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
Patagonia Gold Corp
V:PGDC |
Other Precious Metals & Mining | 3.77% |
Annual Asset Resilience Ratio for Nevgold Corp. (None–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.