Newcore Gold Ltd - Asset Resilience Ratio
Newcore Gold Ltd (NCAU) has an Asset Resilience Ratio of 0.00% as of December 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. Check NCAU strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how Newcore Gold Ltd's Asset Resilience Ratio has changed over time. See debt-free asset ratio of Newcore Gold Ltd to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Newcore Gold Ltd'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 market value of Newcore Gold Ltd.
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: Newcore Gold Ltd 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.
Newcore Gold Ltd Industry Peers by Asset Resilience Ratio
Compare Newcore Gold Ltd'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 Newcore Gold Ltd (2016–2024)
The table below shows the annual Asset Resilience Ratio data for Newcore Gold Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$56.75 Million ≈ $41.05 Million |
-- |
| 2023-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$46.23 Million ≈ $33.44 Million |
-- |
| 2022-12-31 | 6.74% | CA$3.00 Million ≈ $2.17 Million |
CA$44.51 Million ≈ $32.20 Million |
-5.02pp |
| 2021-12-31 | 11.76% | CA$4.75 Million ≈ $3.44 Million |
CA$40.39 Million ≈ $29.22 Million |
-26.59pp |
| 2020-12-31 | 38.35% | CA$11.94 Million ≈ $8.63 Million |
CA$31.12 Million ≈ $22.51 Million |
+35.40pp |
| 2019-12-31 | 2.95% | CA$432.00K ≈ $312.50K |
CA$14.65 Million ≈ $10.60 Million |
-1.79pp |
| 2018-12-31 | 4.74% | CA$721.44K ≈ $521.88K |
CA$15.23 Million ≈ $11.02 Million |
-2.37pp |
| 2017-12-31 | 7.10% | CA$1.04 Million ≈ $751.28K |
CA$14.62 Million ≈ $10.58 Million |
-0.78pp |
| 2016-12-31 | 7.88% | CA$1.11 Million ≈ $800.73K |
CA$14.05 Million ≈ $10.16 Million |
-- |
About Newcore Gold Ltd
Newcore Gold Ltd. engages in the acquisition, advancement, and development of mineral resource properties in Ghana. It holds 100% interest in the Enchi Gold Project covering 248 square kilometers located in southwest Ghana, as well as holds six prospecting licenses. The company was formerly known as Pinecrest Resources Ltd. and changed its name to Newcore Gold Ltd. in August 2020. Newcore Gold Lt… Read more