True North Gems Inc - Asset Resilience Ratio
True North Gems Inc (TGX) has an Asset Resilience Ratio of 1.09% as of September 2017. 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 True North Gems Inc (TGX) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2016)
This chart shows how True North Gems Inc's Asset Resilience Ratio has changed over time. See what is True North Gems Inc's book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down True North Gems Inc'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 market cap of True North Gems Inc.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$11.00K | 1.09% |
| Total Liquid Assets | CA$11.00K | 1.09% |
Asset Resilience Insights
- Limited Liquidity: True North Gems Inc maintains only 1.09% 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.
True North Gems Inc Industry Peers by Asset Resilience Ratio
Compare True North Gems Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Valterra Platinum Limited
JSE:VAL |
Other Precious Metals & Mining | 0.06% |
|
Avino Silver & Gold Mines Ltd
TO:ASM |
Other Precious Metals & Mining | 0.00% |
|
Antipa Minerals Ltd
AU:AZY |
Other Precious Metals & Mining | 35.18% |
|
Bougainville Copper Ltd
AU:BOC |
Other Precious Metals & Mining | 12.37% |
|
Alicanto Minerals Ltd
AU:AQI |
Other Precious Metals & Mining | 60.69% |
|
BHMINESLTD FPO [BHM]
AU:BHM |
Other Precious Metals & Mining | 88.99% |
|
Austral Gold Ltd
V:AGLD |
Other Precious Metals & Mining | 4.57% |
|
Canterra Minerals Corporation
V:CTM |
Other Precious Metals & Mining | 1.54% |
Annual Asset Resilience Ratio for True North Gems Inc (2013–2016)
The table below shows the annual Asset Resilience Ratio data for True North Gems Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2016-12-31 | 9.54% | CA$104.50K ≈ $75.59K |
CA$1.10 Million ≈ $792.59K |
+9.16pp |
| 2015-12-31 | 0.38% | CA$193.07K ≈ $139.66K |
CA$50.73 Million ≈ $36.69 Million |
-0.74pp |
| 2014-12-31 | 1.12% | CA$360.19K ≈ $260.55K |
CA$32.07 Million ≈ $23.20 Million |
-0.61pp |
| 2013-12-31 | 1.74% | CA$438.25K ≈ $317.02K |
CA$25.26 Million ≈ $18.27 Million |
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About True North Gems Inc
TGX Energy & Resources Inc. engages in the exploration and evaluation of natural resource properties in Canada. It owns interests in the True Blue Property that consists of 303 mining claims located in the Watson Lake Mining District; and Nabikok Property, which consists of 155 claims located in the Abitibi region of northwestern Quebec. The company was formerly known as True North Gems Inc. and … Read more