Gold Road Resources Ltd - Asset Resilience Ratio
Gold Road Resources Ltd (GOR) has an Asset Resilience Ratio of -0.21% 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. Check Gold Road Resources Ltd (GOR) strategic investment index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2023)
This chart shows how Gold Road Resources Ltd's Asset Resilience Ratio has changed over time. See how leveraged is Gold Road Resources Ltd's balance sheet to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Gold Road Resources 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 Gold Road Resources Ltd market cap and net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$-2.40 Million | -0.21% |
| Total Liquid Assets | AU$-2.40 Million | -0.21% |
Asset Resilience Insights
- Limited Liquidity: Gold Road Resources Ltd maintains only -0.21% 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.
Gold Road Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Gold Road Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.00% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Coeur Mining Inc
NYSE:CDE |
Gold | 11.79% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
Annual Asset Resilience Ratio for Gold Road Resources Ltd (2015–2023)
The table below shows the annual Asset Resilience Ratio data for Gold Road Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.02% | AU$269.00K ≈ $190.33K |
AU$1.18 Billion ≈ $833.69 Million |
-0.01pp |
| 2022-12-31 | 0.03% | AU$358.00K ≈ $253.31K |
AU$1.03 Billion ≈ $728.67 Million |
-0.09pp |
| 2021-12-31 | 0.13% | AU$834.00K ≈ $590.11K |
AU$652.39 Million ≈ $461.61 Million |
-0.01pp |
| 2020-12-31 | 0.14% | AU$874.00K ≈ $618.41K |
AU$627.12 Million ≈ $443.73 Million |
+0.13pp |
| 2019-12-31 | 0.01% | AU$82.00K ≈ $58.02K |
AU$607.03 Million ≈ $429.51 Million |
-2.04pp |
| 2018-12-31 | 2.06% | AU$10.19 Million ≈ $7.21 Million |
AU$495.35 Million ≈ $350.49 Million |
-48.11pp |
| 2017-12-31 | 50.17% | AU$213.75 Million ≈ $151.25 Million |
AU$426.08 Million ≈ $301.48 Million |
-11.12pp |
| 2016-12-31 | 61.29% | AU$255.32 Million ≈ $180.66 Million |
AU$416.60 Million ≈ $294.77 Million |
-- |
| 2015-12-31 | 0.00% | AU$0.00 ≈ $0.00 |
AU$162.84 Million ≈ $115.22 Million |
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About Gold Road Resources Ltd
Gold Road Resources Limited, together with its subsidiaries, engages in the exploration of gold properties in Australia. Gold Road Resources Limited was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010. The company was incorporated in 2004 and is based in West Perth, Australia. As of September 26, 2025, Gold Road Resources Limited operat… Read more