Visible Gold Mines Inc Asset Resilience Ratio
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. See VGD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Visible Gold Mines Inc (2009–2016)
Asset resilience ratio of Visible Gold Mines Inc from 2009 to 2016. This chart shows how Visible Gold Mines Inc's Asset Resilience Ratio has changed over time. Read Visible Gold Mines Inc (VGD) financial obligations for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Visible Gold Mines Inc asset portfolio.
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 |
|---|---|---|
|
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% |
Visible Gold Mines Inc Asset Resilience Ratio by Year (2009–2016)
Visible Gold Mines Inc asset resilience ratio by year from 2009 to 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.