Nulegacy Gold Corporation Asset Resilience Ratio
Nulegacy Gold Corporation asset resilience ratio. Nulegacy Gold Corporation (NUG) has an Asset Resilience Ratio of 0.41% as of September 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. See NUG days of operational coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Nulegacy Gold Corporation (2014–2024)
Asset resilience ratio of Nulegacy Gold Corporation from 2014 to 2024. This chart shows how Nulegacy Gold Corporation's Asset Resilience Ratio has changed over time. Read NUG total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Nulegacy Gold Corporation'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 how large is Nulegacy Gold Corporation's balance sheet.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$4.30K | 0.41% |
| Total Liquid Assets | CA$4.30K | 0.41% |
Asset Resilience Insights
- Limited Liquidity: Nulegacy Gold Corporation maintains only 0.41% 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.
Nulegacy Gold Corporation Industry Peers by Asset Resilience Ratio
Compare Nulegacy Gold Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Contango ORE Inc
NYSE MKT:CTGO |
Gold | 0.00% |
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.03% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
De Grey Mining Ltd
AU:DEG |
Gold | 57.44% |
Nulegacy Gold Corporation Asset Resilience Ratio by Year (2014–2024)
Nulegacy Gold Corporation asset resilience ratio by year from 2014 to 2024. The table below shows the annual Asset Resilience Ratio data for Nulegacy Gold Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-03-31 | 0.01% | CA$4.06K ≈ $2.94K |
CA$46.60 Million ≈ $33.71 Million |
0.00pp |
| 2023-03-31 | 0.01% | CA$5.18K ≈ $3.74K |
CA$46.79 Million ≈ $33.84 Million |
-0.06pp |
| 2022-03-31 | 0.07% | CA$35.17K ≈ $25.44K |
CA$47.94 Million ≈ $34.68 Million |
-0.11pp |
| 2021-03-31 | 0.18% | CA$90.79K ≈ $65.68K |
CA$50.22 Million ≈ $36.33 Million |
-0.10pp |
| 2020-03-31 | 0.29% | CA$98.89K ≈ $71.54K |
CA$34.68 Million ≈ $25.09 Million |
+0.00pp |
| 2019-03-31 | 0.28% | CA$82.92K ≈ $59.99K |
CA$29.38 Million ≈ $21.25 Million |
-0.96pp |
| 2018-03-31 | 1.24% | CA$362.04K ≈ $261.89K |
CA$29.15 Million ≈ $21.09 Million |
+0.22pp |
| 2017-03-31 | 1.02% | CA$320.67K ≈ $231.97K |
CA$31.52 Million ≈ $22.80 Million |
+0.08pp |
| 2016-03-31 | 0.94% | CA$113.02K ≈ $81.75K |
CA$12.03 Million ≈ $8.70 Million |
-18.49pp |
| 2015-03-31 | 19.43% | CA$1.57 Million ≈ $1.13 Million |
CA$8.06 Million ≈ $5.83 Million |
-20.38pp |
| 2014-03-31 | 39.81% | CA$2.62 Million ≈ $1.90 Million |
CA$6.59 Million ≈ $4.77 Million |
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About Nulegacy Gold Corporation
NuLegacy Gold Corporation engages in the acquisition and exploration of mineral properties in the United States. It primarily explores for gold deposits. The company's property includes the Red Hill property located in Eureka County, Nevada. NuLegacy Gold Corporation was incorporated in 2009 and is headquartered in Vancouver, Canada.