Riversgold Ltd - Asset Resilience Ratio

Latest as of December 2024: 93.91%

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. Check strategic asset allocation of Riversgold Ltd to assess the company's strategic physical and investment asset allocation.

Liquid Assets

AU$1.22 Million
≈ $866.42K USD Cash + Short-term Investments

Total Assets

AU$1.30 Million
≈ $922.60K USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2024)

This chart shows how Riversgold Ltd's Asset Resilience Ratio has changed over time. See RGL net asset quality score to measure how much of total assets are equity-financed.

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
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 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
--
pp = percentage points

About Riversgold Ltd

AU:RGL Australia Gold
Market Cap
$17.81 Million
AU$25.18 Million AUD
Market Cap Rank
#25479 Global
#1105 in Australia
Share Price
AU$0.01
Change (1 day)
+0.00%
52-Week Range
AU$0.00 - AU$0.02
All Time High
AU$0.18
About

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