Gold Hydrogen Ltd

AU:GHY Australia Oil & Gas E&P
Market Cap
$37.43 Million
AU$60.45 Million AUD
Market Cap Rank
#26677 Global
#625 in Australia
Share Price
AU$0.34
Change (1 day)
-4.29%
52-Week Range
AU$0.32 - AU$0.74
All Time High
AU$2.09
About

Gold Hydrogen Limited engages in the discovery, exploration, and development of hydrogen and helium gas in Australia. The company's flagship project is the Ramsay project covering an area of approximately 7,820 square kilometers located on the Yorke Peninsula and Kangaroo Island in South Australia. The company was incorporated in 2021 and is based in Brisbane, Australia.

Gold Hydrogen Ltd - Asset Resilience Ratio

Latest as of June 2024: 26.75%

Gold Hydrogen Ltd (GHY) has an Asset Resilience Ratio of 26.75% 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.

Liquid Assets
AU$10.00 Million
Cash + Short-term Investments
Total Assets
AU$37.39 Million
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2023–2024)

This chart shows how Gold Hydrogen Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Gold Hydrogen Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$0.00 0%
Short-term Investments AU$10.00 Million 26.75%
Total Liquid Assets AU$10.00 Million 26.75%

Asset Resilience Insights

  • Very High Liquidity: Gold Hydrogen Ltd maintains exceptional liquid asset reserves at 26.75% 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.

Gold Hydrogen Ltd Industry Peers by Asset Resilience Ratio

Compare Gold Hydrogen Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bounty Oil & Gas NL
PINK:BYOGF
Oil & Gas E&P 0.18%
Shanxi Blue Flame Holding Co Ltd
SHE:000968
Oil & Gas E&P 0.01%
Oriental Energy Co Ltd
SHE:002221
Oil & Gas E&P -3.13%
P/F Atlantic Petroleum
CO:ATLA-DKK
Oil & Gas E&P 1.46%
Hibiscus Petroleum BHD
KLSE:5199
Oil & Gas E&P -5.94%
Reach Energy Bhd
KLSE:5256
Oil & Gas E&P 0.15%
Geo-Jade Petroleum Corp
SHG:600759
Oil & Gas E&P 0.01%
Shandong Xinchao Energy Co Ltd
SHG:600777
Oil & Gas E&P 8.49%

Annual Asset Resilience Ratio for Gold Hydrogen Ltd (2023–2024)

The table below shows the annual Asset Resilience Ratio data for Gold Hydrogen Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 26.75% AU$10.00 Million AU$37.39 Million -19.78pp
2023-06-30 46.53% AU$11.00 Million AU$23.64 Million --
pp = percentage points