Odyssey Gold Ltd - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Odyssey Gold Ltd
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