FLYNN Gold Ltd Asset Resilience Ratio
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. See FLYNN Gold 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 FLYNN Gold Ltd (2022–2024)
Asset resilience ratio of FLYNN Gold Ltd from 2022 to 2024. This chart shows how FLYNN Gold Ltd's Asset Resilience Ratio has changed over time. Read FLYNN Gold Ltd (FG1) total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see how large is FLYNN Gold Ltd's balance sheet.
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 |
|---|---|---|
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
Genesis Minerals Ltd
AU:GMD |
Gold | 0.15% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
Gold Road Resources Ltd
AU:GOR |
Gold | -0.21% |
FLYNN Gold Ltd Asset Resilience Ratio by Year (2022–2024)
FLYNN Gold Ltd asset resilience ratio by year from 2022 to 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 |
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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.