Golden State Mining Ltd

AU:GSM Australia Gold
Market Cap
$4.08 Million
AU$6.60 Million AUD
Market Cap Rank
#34654 Global
#1261 in Australia
Share Price
AU$0.01
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.02
All Time High
AU$0.69
About

Golden State Mining Limited, through its subsidiaries, engages in the acquisition, exploration, evaluation, and investment of mineral properties in Australia. The company explores for gold, lithium, nickel, copper, base metal, and rare earth element deposits. Golden State Mining Limited was incorporated in 2017 and is based in Ardross, Australia.

Golden State Mining Ltd - Asset Resilience Ratio

Latest as of December 2024: 96.33%

Golden State Mining Ltd (GSM) has an Asset Resilience Ratio of 96.33% as of December 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$1.29 Million
Cash + Short-term Investments
Total Assets
AU$1.34 Million
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2024)

This chart shows how Golden State Mining 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 Golden State Mining 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$1.29 Million 96.33%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$1.29 Million 96.33%

Asset Resilience Insights

  • Very High Liquidity: Golden State Mining Ltd maintains exceptional liquid asset reserves at 96.33% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Golden State Mining Ltd Industry Peers by Asset Resilience Ratio

Compare Golden State Mining Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
McLaren Resources Inc
F:3ML
Gold 0.00%
PC Gold Ltd
AU:PC2
Gold 7.77%
4LE
F:4LE
Gold 0.95%
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
Gold 4.22%
Bahvest Resources Bhd
KLSE:0098
Gold 31.41%
Aruma Resources Ltd
AU:AAJ
Gold 46.02%

Annual Asset Resilience Ratio for Golden State Mining Ltd (2019–2024)

The table below shows the annual Asset Resilience Ratio data for Golden State Mining Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 97.92% AU$1.90 Million AU$1.94 Million +3.75pp
2023-06-30 94.16% AU$2.08 Million AU$2.20 Million +3.67pp
2022-06-30 90.49% AU$3.74 Million AU$4.13 Million -6.70pp
2021-06-30 97.19% AU$4.38 Million AU$4.50 Million +3.51pp
2020-06-30 93.68% AU$2.44 Million AU$2.60 Million +0.72pp
2019-06-30 92.97% AU$2.67 Million AU$2.88 Million --
pp = percentage points