FLYNN Gold Ltd - Asset Resilience Ratio
FLYNN Gold Ltd (FG1) has an Asset Resilience Ratio of 77.77% as of June 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. Read FLYNN Gold Ltd (FG1) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2022–2024)
This chart shows how FLYNN Gold Ltd's Asset Resilience Ratio has changed over time. See FLYNN Gold Ltd (FG1) shareholders funds for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down FLYNN Gold 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 FLYNN Gold Ltd (FG1) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$2.65 Million | 77.77% |
| Total Liquid Assets | AU$2.65 Million | 77.77% |
Asset Resilience Insights
- Very High Liquidity: FLYNN Gold Ltd maintains exceptional liquid asset reserves at 77.77% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
FLYNN Gold Ltd Industry Peers by Asset Resilience Ratio
Compare FLYNN Gold 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 FLYNN Gold Ltd (2022–2024)
The table below shows the annual Asset Resilience Ratio data for FLYNN Gold Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 77.77% | AU$2.65 Million ≈ $1.88 Million |
AU$3.41 Million ≈ $2.41 Million |
+6.90pp |
| 2022-06-30 | 70.87% | AU$4.00 Million ≈ $2.83 Million |
AU$5.64 Million ≈ $3.99 Million |
-- |
About FLYNN Gold Ltd
Flynn Gold Limited operates as a mineral exploration company in Australia. The company explores for gold deposits. It holds 100% interest in the Golden Ridge Project, which is located in north-eastern Tasmania. The company was incorporated in 2020 and is based in Melbourne, Australia.