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.
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. Check how strategically is Visible Gold Mines Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
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 market cap and net worth.
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 |
|---|---|---|
|
FLYNN Gold Ltd
AU:FG1 |
Gold | 77.77% |
|
Northern Star Resources Ltd
AU:NST |
Gold | 0.51% |
|
Franco-Nevada Corporation
TO:FNV |
Gold | 5.76% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 1.17% |
|
Lundin Gold Inc
TO:LUG |
Gold | 0.00% |
|
IAMGold Corporation
TO:IMG |
Gold | 5.86% |
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.