Golden State Mining Ltd - Asset Resilience Ratio
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. Check Golden State Mining Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2024)
This chart shows how Golden State Mining Ltd's Asset Resilience Ratio has changed over time. See debt-free asset ratio of Golden State Mining Ltd to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see Golden State Mining Ltd (GSM) market capitalisation.
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 |
|---|---|---|
|
Newmont Goldcorp Corp
NYSE:NEM |
Gold | 10.91% |
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Shandong Gold Mining Co Ltd
SHG:600547 |
Gold | 1.68% |
|
New Gold Inc
TO:NGD |
Gold | 0.02% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Allied Gold Corporation
TO:AAUC |
Gold | 8.13% |
|
Emerald Resources NL
AU:EMR |
Gold | 0.01% |
|
G2 Goldfields Inc.
TO:GTWO |
Gold | 0.40% |
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 ≈ $1.34 Million |
AU$1.94 Million ≈ $1.37 Million |
+3.75pp |
| 2023-06-30 | 94.16% | AU$2.08 Million ≈ $1.47 Million |
AU$2.20 Million ≈ $1.56 Million |
+3.67pp |
| 2022-06-30 | 90.49% | AU$3.74 Million ≈ $2.65 Million |
AU$4.13 Million ≈ $2.93 Million |
-6.70pp |
| 2021-06-30 | 97.19% | AU$4.38 Million ≈ $3.10 Million |
AU$4.50 Million ≈ $3.19 Million |
+3.51pp |
| 2020-06-30 | 93.68% | AU$2.44 Million ≈ $1.72 Million |
AU$2.60 Million ≈ $1.84 Million |
+0.72pp |
| 2019-06-30 | 92.97% | AU$2.67 Million ≈ $1.89 Million |
AU$2.88 Million ≈ $2.04 Million |
-- |
About Golden State Mining Ltd
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.