Odyssey Gold Ltd - Asset Resilience Ratio

Latest as of December 2024: 16.25%

Odyssey Gold Ltd (ODY) has an Asset Resilience Ratio of 16.25% 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 Odyssey Gold Ltd (ODY) strategic investment index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

AU$1.76 Million
≈ $1.24 Million USD Cash + Short-term Investments

Total Assets

AU$10.82 Million
≈ $7.65 Million USD All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2022)

This chart shows how Odyssey Gold Ltd's Asset Resilience Ratio has changed over time. See Odyssey Gold Ltd balance sheet quality to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Odyssey Gold 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 ODY market cap overview.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$1.76 Million 16.25%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$1.76 Million 16.25%

Asset Resilience Insights

  • Good Liquidity Position: Odyssey Gold Ltd maintains a healthy 16.25% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Odyssey Gold Ltd Industry Peers by Asset Resilience Ratio

Compare Odyssey Gold 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 Odyssey Gold Ltd (2016–2022)

The table below shows the annual Asset Resilience Ratio data for Odyssey Gold Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-06-30 27.23% AU$3.48 Million
≈ $2.46 Million
AU$12.78 Million
≈ $9.04 Million
-30.00pp
2021-06-30 57.23% AU$12.69 Million
≈ $8.98 Million
AU$22.17 Million
≈ $15.69 Million
-42.55pp
2020-06-30 99.78% AU$14.25 Million
≈ $10.08 Million
AU$14.28 Million
≈ $10.10 Million
+0.23pp
2019-06-30 99.55% AU$14.38 Million
≈ $10.17 Million
AU$14.44 Million
≈ $10.22 Million
-0.21pp
2018-06-30 99.77% AU$14.49 Million
≈ $10.25 Million
AU$14.53 Million
≈ $10.28 Million
+0.02pp
2017-06-30 99.75% AU$14.53 Million
≈ $10.28 Million
AU$14.56 Million
≈ $10.30 Million
+0.18pp
2016-06-30 99.57% AU$3.95 Million
≈ $2.80 Million
AU$3.97 Million
≈ $2.81 Million
--
pp = percentage points

About Odyssey Gold Ltd

AU:ODY Australia Gold
Market Cap
$33.99 Million
AU$48.04 Million AUD
Market Cap Rank
#23363 Global
#890 in Australia
Share Price
AU$0.03
Change (1 day)
-2.86%
52-Week Range
AU$0.02 - AU$0.05
All Time High
AU$0.21
About

Odyssey Gold Limited engages in the exploration and development of mineral resource properties in Western Australia. It primarily explores for gold deposit. It holds an agreement to acquire 80% interests in the Tuckanarra and Stakewell gold projects located between Meekatharra and Mount Magnet. The company was formerly known as Odyssey Energy Limited and changed its name to Odyssey Gold Limited i… Read more