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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2020)
This chart shows how Nevada King Gold Corp's Asset Resilience Ratio has changed over time. Check Nevada King Gold Corp strategic capital allocation to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see Nevada King Gold Corp (NKG) total market value.
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 |
|---|---|---|
|
Xiamen Tungsten Co Ltd
SHG:600549 |
Other Industrial Metals & Mining | 1.91% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497 |
Other Industrial Metals & Mining | 0.00% |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961 |
Other Industrial Metals & Mining | 0.75% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Nickel Industries Ltd
AU:NIC |
Other Industrial Metals & Mining | 7.58% |
|
Nova Minerals Ltd
AU:NVA |
Other Industrial Metals & Mining | 3.39% |
|
Adriatic Metals Plc
AU:ADT |
Other Industrial Metals & Mining | 31.94% |
Annual Asset Resilience Ratio for Nevada King Gold Corp (2019–2020)
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 |
-- |
| 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, the United States. It holds interests in the Atlanta Gold Mine Project, an open-pit gold mine 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 Gold Corp. is based in Vancouver, Canada.