NeXGold Mining Corp - Asset Resilience Ratio
NeXGold Mining Corp (NEXG) has an Asset Resilience Ratio of 8.36% as of December 2025. 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 NEXG total debt and obligations for a breakdown of total debt and financial obligations.
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. See NEXG total equity for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see NEXG market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$21.44 Million | 8.36% |
| Total Liquid Assets | CA$21.44 Million | 8.36% |
Asset Resilience Insights
- Limited Liquidity: NeXGold Mining Corp maintains only 8.36% 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 | 8.36% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.81% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
New Gold Inc
TO:NGD |
Gold | 0.04% |
|
Zhongjin Gold Corp Ltd
SHG:600489 |
Gold | 0.02% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
OceanaGold Corporation
TO:OGC |
Gold | 11.64% |
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. Its Goliath property covers approximately 7,601 hectares (ha) comprising 284 mining claims totaling approximately 6,254 … Read more