Visible Gold Mines Inc - Asset Resilience Ratio
Visible Gold Mines Inc (VGD) has an Asset Resilience Ratio of 6.35% as of April 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. Check how strategically is Visible Gold Mines Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2009–2016)
This chart shows how Visible Gold Mines Inc's Asset Resilience Ratio has changed over time. See VGD net asset quality score to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Visible Gold Mines 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 Visible Gold Mines Inc stock valuation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$538.75K | 6.35% |
| Total Liquid Assets | CA$538.75K | 6.35% |
Asset Resilience Insights
- Limited Liquidity: Visible Gold Mines Inc maintains only 6.35% 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.
Visible Gold Mines Inc Industry Peers by Asset Resilience Ratio
Compare Visible Gold Mines Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Chifeng Jilong Gold Mining Co Ltd
SHG:600988 |
Gold | 0.27% |
|
G Mining Ventures Corp.
TO:GMIN |
Gold | 6.91% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
Montage Gold Corp.
TO:MAU |
Gold | 0.67% |
|
De Grey Mining Ltd
AU:DEG |
Gold | 57.44% |
|
Torex Gold Resources Inc
TO:TXG |
Gold | 3.96% |
Annual Asset Resilience Ratio for Visible Gold Mines Inc (2009–2016)
The table below shows the annual Asset Resilience Ratio data for Visible Gold Mines Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2016-07-31 | 7.19% | CA$647.50K ≈ $468.39K |
CA$9.01 Million ≈ $6.52 Million |
+5.00pp |
| 2015-07-31 | 2.19% | CA$175.00K ≈ $126.59K |
CA$8.00 Million ≈ $5.79 Million |
-1.30pp |
| 2014-07-31 | 3.49% | CA$350.00K ≈ $253.18K |
CA$10.03 Million ≈ $7.26 Million |
+0.30pp |
| 2013-07-31 | 3.19% | CA$350.00K ≈ $253.18K |
CA$10.97 Million ≈ $7.93 Million |
-0.15pp |
| 2012-07-31 | 3.35% | CA$475.00K ≈ $343.61K |
CA$14.20 Million ≈ $10.27 Million |
-0.93pp |
| 2011-07-31 | 4.28% | CA$575.00K ≈ $415.95K |
CA$13.44 Million ≈ $9.72 Million |
+2.20pp |
| 2010-07-31 | 2.07% | CA$97.02K ≈ $70.18K |
CA$4.68 Million ≈ $3.38 Million |
-5.80pp |
| 2009-07-31 | 7.88% | CA$410.00K ≈ $296.59K |
CA$5.21 Million ≈ $3.77 Million |
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About Visible Gold Mines Inc
Visible Gold Mines Inc. engages in the acquisition and exploration of mineral properties in Canada. Its flagship property includes Horsefly property that comprises 392 mining claims located in the Eeyou Istchee James Bay region of Québec. The company primarily explores for gold and lithium deposits. Visible Gold Mines Inc. was incorporated in 2007 and is headquartered in Rouyn-Noranda, Canada.