Novo Resources Corp - Asset Resilience Ratio
Novo Resources Corp (NVO) has an Asset Resilience Ratio of 0.14% as of September 2025. 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 (2012–2024)
This chart shows how Novo Resources Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Novo Resources Corp'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$119.00K | 0.14% |
| Total Liquid Assets | AU$119.00K | 0.14% |
Asset Resilience Insights
- Limited Liquidity: Novo Resources Corp maintains only 0.14% 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.
Novo Resources Corp Industry Peers by Asset Resilience Ratio
Compare Novo Resources Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Asante Gold Corporation
F:1A9 |
Gold | 0.23% |
|
Yukon Metals Corp.
F:E770 |
Gold | 27.36% |
|
Alamos Gold Inc
NYSE:AGI |
Gold | 0.77% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
|
American Pacific Mining Corp
F:1QC1 |
Gold | 0.00% |
|
Rio2 Limited
F:1SB |
Gold | 0.04% |
Annual Asset Resilience Ratio for Novo Resources Corp (2012–2024)
The table below shows the annual Asset Resilience Ratio data for Novo Resources Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-09-30 | 0.14% | AU$116.00K | AU$85.27 Million | 0.00pp |
| 2023-09-30 | 0.14% | AU$149.00K | AU$106.45 Million | +0.08pp |
| 2022-09-30 | 0.06% | AU$152.00K | AU$256.16 Million | +0.04pp |
| 2021-09-30 | 0.02% | AU$108.00K | AU$462.68 Million | -0.33pp |
| 2012-09-30 | 0.36% | AU$10.00K | AU$2.81 Million | -- |
About Novo Resources Corp
Novo Resources Corp., together with its subsidiaries, engages in evaluating, acquiring, exploring, and developing natural resource properties in Australia. It primarily explores for gold and copper deposits. The company holds flagship Becher Project located in the Western Australia. The company was formerly known as Galliard Resources Corp. and changed its name to Novo Resources Corp. in June 201… Read more