Riversgold Ltd - Asset Resilience Ratio
Riversgold Ltd (RGL) has an Asset Resilience Ratio of 93.91% 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. Read Riversgold Ltd (RGL) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2024)
This chart shows how Riversgold Ltd's Asset Resilience Ratio has changed over time. See RGL book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Riversgold 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 market cap of Riversgold Ltd.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$1.22 Million | 93.22% |
| Short-term Investments | AU$8.98K | 0.69% |
| Total Liquid Assets | AU$1.22 Million | 93.91% |
Asset Resilience Insights
- Very High Liquidity: Riversgold Ltd maintains exceptional liquid asset reserves at 93.91% 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.
Riversgold Ltd Industry Peers by Asset Resilience Ratio
Compare Riversgold Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
OceanaGold Corporation
TO:OGC |
Gold | 11.64% |
|
Perseus Mining Ltd
TO:PRU |
Gold | 33.53% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Hycroft Mining Holding Corporation
NASDAQ:HYMC |
Gold | 0.35% |
|
Seabridge Gold Inc.
TO:SEA |
Gold | 6.52% |
|
West African Resources Ltd
AU:WAF |
Gold | 0.00% |
|
Spartan Resources Ltd
AU:SPR |
Gold | 9.86% |
Annual Asset Resilience Ratio for Riversgold Ltd (2018–2024)
The table below shows the annual Asset Resilience Ratio data for Riversgold Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 10.01% | AU$785.20K ≈ $555.58K |
AU$7.85 Million ≈ $5.55 Million |
-28.25pp |
| 2023-06-30 | 38.25% | AU$4.92 Million ≈ $3.48 Million |
AU$12.86 Million ≈ $9.10 Million |
+33.11pp |
| 2022-06-30 | 5.14% | AU$532.71K ≈ $376.93K |
AU$10.36 Million ≈ $7.33 Million |
+0.97pp |
| 2021-06-30 | 4.17% | AU$300.96K ≈ $212.95K |
AU$7.22 Million ≈ $5.11 Million |
-16.29pp |
| 2020-06-30 | 20.45% | AU$1.28 Million ≈ $904.34K |
AU$6.25 Million ≈ $4.42 Million |
+12.35pp |
| 2019-06-30 | 8.11% | AU$406.60K ≈ $287.70K |
AU$5.01 Million ≈ $3.55 Million |
-4.89pp |
| 2018-06-30 | 13.00% | AU$1.00 Million ≈ $707.56K |
AU$7.69 Million ≈ $5.44 Million |
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About Riversgold Ltd
Riversgold Limited engages in the exploration of mineral resource properties in Australia. The company explores for lithium, copper, gold, nickel, uranium, cobalt, iron ore and iron deposits. It holds interests in the Pilbara Lithium projects that include Tambourah project, which covers an area of 110 square kilometers situated in south of Port Hedland; and the Wodgina East project located in sou… Read more