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. Check Nulegacy Gold Corporation (NUG) strategic asset index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2024)
This chart shows how Nulegacy Gold Corporation's Asset Resilience Ratio has changed over time. See NUG net asset quality index to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see Nulegacy Gold Corporation (NUG) market capitalisation.
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 |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.00% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Coeur Mining Inc
NYSE:CDE |
Gold | 11.79% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
Annual Asset Resilience Ratio for Nulegacy Gold Corporation (2014–2024)
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.