Emc Gold Corporation - Asset Resilience Ratio

Latest as of September 2024: 0.41%

Emc Gold Corporation (EM3) has an Asset Resilience Ratio of 0.41% as of September 2024. 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 Emc Gold Corporation PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

AU$4.37K
≈ $3.09K USD Cash + Short-term Investments

Total Assets

AU$1.08 Million
≈ $760.94K USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2010–2010)

This chart shows how Emc Gold Corporation's Asset Resilience Ratio has changed over time. See Emc Gold Corporation (EM3) net asset quality to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Emc Gold Corporation'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 Emc Gold Corporation stock valuation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$0.00 0%
Short-term Investments AU$4.37K 0.41%
Total Liquid Assets AU$4.37K 0.41%

Asset Resilience Insights

  • Limited Liquidity: Emc Gold Corporation maintains only 0.41% 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.

Emc Gold Corporation Industry Peers by Asset Resilience Ratio

Compare Emc Gold Corporation's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Newmont Goldcorp Corp
NYSE:NEM
Gold 10.91%
Newmont Corporation
AU:NEM
Gold 0.01%
Shandong Gold Mining Co Ltd
SHG:600547
Gold 1.68%
New Gold Inc
TO:NGD
Gold 0.02%
Aris Mining Corporation
TO:ARIS
Gold 17.45%
Allied Gold Corporation
TO:AAUC
Gold 8.13%
Emerald Resources NL
AU:EMR
Gold 0.01%
G2 Goldfields Inc.
TO:GTWO
Gold 0.40%

Annual Asset Resilience Ratio for Emc Gold Corporation (2010–2010)

The table below shows the annual Asset Resilience Ratio data for Emc Gold Corporation.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2010-12-31 32.69% AU$3.15 Million
≈ $2.23 Million
AU$9.65 Million
≈ $6.83 Million
--
pp = percentage points

About Emc Gold Corporation

AU:EM3 Australia Gold
Market Cap
$56.13 Million
AU$79.33 Million AUD
Market Cap Rank
#21510 Global
#758 in Australia
Share Price
AU$0.20
Change (1 day)
-9.30%
52-Week Range
AU$0.08 - AU$0.27
All Time High
AU$0.27
About

EMC Gold Corporation operates as an exploration company. Its holds 100% interest in its flagship Salave gold project with five mining concessions and associated extensions covering 662 hectares, and an investigation permit covering another 2,655 hectares located in Asturias, Spain. The company was formerly known as Black Dragon Gold Corp. and changed its name to EMC Gold Corporation in December 2… Read more