Mako Gold Ltd
Mako Gold Limited engages in the acquisition, exploration, and development of gold tenements in Africa. The company's flagship property is the Napié gold project covering an area of approximately 224 square kilometers located in the north-central Côte d'Ivoire within the Daloa greenstone belt, West Africa. Mako Gold Limited was incorporated in 2015 and is based in Subiaco, Australia.
Mako Gold Ltd - Asset Resilience Ratio
Mako Gold Ltd (MKG) has an Asset Resilience Ratio of 0.08% 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2024)
This chart shows how Mako Gold 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 Mako Gold 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$28.60K | 0.08% |
| Total Liquid Assets | AU$28.60K | 0.08% |
Asset Resilience Insights
- Limited Liquidity: Mako Gold Ltd maintains only 0.08% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Mako Gold Ltd Industry Peers by Asset Resilience Ratio
Compare Mako Gold Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY |
Gold | 0.76% |
|
Gold Fields Limited
PINK:GFIOF |
Gold | 0.00% |
|
Guskin Gold Corp
PINK:GKIN |
Gold | 13.37% |
|
Mining Global Inc
PINK:MNGG |
Gold | 0.00% |
|
Matmown Inc
PINK:MTMW |
Gold | 0.00% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
Annual Asset Resilience Ratio for Mako Gold Ltd (2020–2024)
The table below shows the annual Asset Resilience Ratio data for Mako Gold Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 0.08% | AU$28.60K | AU$36.14 Million | 0.00pp |
| 2023-06-30 | 0.08% | AU$28.60K | AU$34.22 Million | -0.02pp |
| 2022-06-30 | 0.10% | AU$28.60K | AU$28.20 Million | -0.12pp |
| 2021-06-30 | 0.22% | AU$42.90K | AU$19.65 Million | -0.39pp |
| 2020-06-30 | 0.61% | AU$42.90K | AU$7.08 Million | -- |