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. Read Citigold Corporation Ltd (CTO) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2004–2021)
This chart shows how Citigold Corporation Ltd's Asset Resilience Ratio has changed over time. See Citigold Corporation Ltd (CTO) shareholders funds for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see CTO market cap.
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 |
|---|---|---|
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
OceanaGold Corporation
TO:OGC |
Gold | 11.64% |
|
Perseus Mining Ltd
TO:PRU |
Gold | 33.53% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Hycroft Mining Holding Corporation
NASDAQ:HYMC |
Gold | 0.35% |
|
Seabridge Gold Inc.
TO:SEA |
Gold | 6.52% |
|
West African Resources Ltd
AU:WAF |
Gold | 0.00% |
|
Spartan Resources Ltd
AU:SPR |
Gold | 9.86% |
Annual Asset Resilience Ratio for Citigold Corporation Ltd (2004–2021)
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.