Nevada King Gold Corp Asset Resilience Ratio
Nevada King Gold Corp asset resilience ratio. Nevada King Gold Corp (NKG) has an Asset Resilience Ratio of 0.00% as of March 2020. 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 Nevada King Gold Corp (NKG) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Nevada King Gold Corp (2019–2020)
Asset resilience ratio of Nevada King Gold Corp from 2019 to 2020. This chart shows how Nevada King Gold Corp's Asset Resilience Ratio has changed over time. Read NKG total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Nevada King Gold 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 NKG asset base.
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: Nevada King Gold Corp 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.
Nevada King Gold Corp Industry Peers by Asset Resilience Ratio
Compare Nevada King Gold Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
China Molybdenum Co. Ltd
F:D7N |
Other Industrial Metals & Mining | 2.61% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Tibet Mineral Development Co Ltd
SHE:000762 |
Other Industrial Metals & Mining | 0.67% |
|
Perenti Ltd
AU:PRN |
Other Industrial Metals & Mining | 8.69% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
Nevada King Gold Corp Asset Resilience Ratio by Year (2019–2020)
Nevada King Gold Corp asset resilience ratio by year from 2019 to 2020. The table below shows the annual Asset Resilience Ratio data for Nevada King Gold Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-03-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$9.40 Million ≈ $6.80 Million |
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| 2019-03-31 | 37.88% | CA$3.00 Million ≈ $2.17 Million |
CA$7.92 Million ≈ $5.73 Million |
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About Nevada King Gold Corp
Nevada King Gold Corp. engages in the acquisition, exploration, and evaluation of resource properties in Nevada and the United States. It holds 100% interest in the Atlanta Gold Mine Project, an open-pit gold mine covering 130 square kilometer area located in Nevada. The company was formerly known as Victory Metals Inc. and changed its name to Nevada King Gold Corp. in April 2021. Nevada King Gol… Read more