NeXGold Mining Corp - Asset Resilience Ratio
NeXGold Mining Corp (NEXG) has an Asset Resilience Ratio of 0.60% as of June 2026. 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. See how liquid is NeXGold Mining Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2025)
This chart shows how NeXGold Mining Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see NeXGold Mining Corp (NEXG) total assets.
Liquid Assets Composition Over Time
This chart breaks down NeXGold Mining Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore NeXGold Mining Corp long-term investment intensity to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.50 Million | 0.6% |
| Total Liquid Assets | CA$1.50 Million | 0.60% |
Asset Resilience Insights
- Limited Liquidity: NeXGold Mining Corp maintains only 0.60% 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.
NeXGold Mining Corp Industry Peers by Asset Resilience Ratio
Compare NeXGold Mining Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Agnico Eagle Mines Limited
TO:AEM |
Gold | 0.04% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
|
Harmony Gold Mining Co. Ltd.
JSE:HAR |
Gold | 0.25% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Western Gold Co Ltd
SHG:601069 |
Gold | 0.13% |
|
Fortuna Silver Mines Inc
TO:FVI |
Gold | 9.98% |
|
Sandstorm Gold Ltd N
TO:SSL |
Gold | 0.45% |
Annual Asset Resilience Ratio for NeXGold Mining Corp (2020–2025)
The table below shows the annual Asset Resilience Ratio data for NeXGold Mining Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2025-12-31 | 8.36% | CA$21.44 Million ≈ $15.51 Million |
CA$256.45 Million ≈ $185.51 Million |
+6.31pp |
| 2024-12-31 | 2.05% | CA$3.92 Million ≈ $2.84 Million |
CA$191.48 Million ≈ $138.51 Million |
+1.48pp |
| 2023-12-31 | 0.57% | CA$665.91K ≈ $481.71K |
CA$117.68 Million ≈ $85.13 Million |
+0.03pp |
| 2022-12-31 | 0.54% | CA$664.43K ≈ $480.64K |
CA$123.74 Million ≈ $89.51 Million |
+0.01pp |
| 2021-12-31 | 0.52% | CA$693.83K ≈ $501.90K |
CA$132.17 Million ≈ $95.61 Million |
-0.03pp |
| 2020-12-31 | 0.56% | CA$1.02 Million ≈ $739.53K |
CA$182.89 Million ≈ $132.30 Million |
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About NeXGold Mining Corp
NeXGold Mining Corp. operates as a gold exploration and development company in Canada. The company's flagship asset is the 100%-owned Goliath Gold Complex, an advanced stage high-grade gold deposit near Dryden, Ontario, which includes the Goliath, Goldlund, and Miller projects. The company was formerly known as Treasury Metals Inc. and changed its name to NeXGold Mining Corp. in July 2024. NeXGol… Read more