Citigold Corporation Ltd Asset Resilience Ratio
Citigold Corporation Ltd asset resilience ratio. Citigold Corporation Ltd (CTO) has an Asset Resilience Ratio of 0.40% as of December 2021. 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 Citigold Corporation Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Citigold Corporation Ltd (2004–2021)
Asset resilience ratio of Citigold Corporation Ltd from 2004 to 2021. This chart shows how Citigold Corporation Ltd's Asset Resilience Ratio has changed over time. Read total liabilities of Citigold Corporation Ltd for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Citigold Corporation Ltd'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 Citigold Corporation Ltd total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$450.00K | 0.4% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$450.00K | 0.40% |
Asset Resilience Insights
- Limited Liquidity: Citigold Corporation Ltd maintains only 0.40% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Citigold Corporation Ltd Industry Peers by Asset Resilience Ratio
Compare Citigold Corporation Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
Citigold Corporation Ltd Asset Resilience Ratio by Year (2004–2021)
Citigold Corporation Ltd asset resilience ratio by year from 2004 to 2021. The table below shows the annual Asset Resilience Ratio data for Citigold Corporation Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-06-30 | 0.39% | AU$432.03K ≈ $305.69K |
AU$111.04 Million ≈ $78.57 Million |
+0.37pp |
| 2020-06-30 | 0.01% | AU$15.79K ≈ $11.17K |
AU$109.99 Million ≈ $77.83 Million |
-0.42pp |
| 2009-06-30 | 0.44% | AU$1.14 Million ≈ $807.33K |
AU$260.15 Million ≈ $184.07 Million |
-0.32pp |
| 2008-06-30 | 0.76% | AU$1.63 Million ≈ $1.15 Million |
AU$214.61 Million ≈ $151.85 Million |
-0.26pp |
| 2007-06-30 | 1.02% | AU$1.96 Million ≈ $1.38 Million |
AU$191.28 Million ≈ $135.34 Million |
-0.38pp |
| 2006-06-30 | 1.40% | AU$2.28 Million ≈ $1.61 Million |
AU$162.74 Million ≈ $115.15 Million |
-7.48pp |
| 2004-06-30 | 8.88% | AU$5.55 Million ≈ $3.93 Million |
AU$62.54 Million ≈ $44.25 Million |
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About Citigold Corporation Ltd
Citigold Corporation Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. It explores for gold and silver deposits. The company holds interest in the Charters Towers gold project located in north-eastern Queensland, Australia. Citigold Corporation Limited was incorporated in 1993 and is based in Fortitude Valley, Australia.