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.

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. Check how strategically is Riversgold Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

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 RGL market cap.

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
Gold Fields Ltd ADR
NYSE:GFI
Gold 11.69%
AngloGold Ashanti Ltd
JSE:ANG
Gold 13.83%
Lundin Gold Inc
TO:LUG
Gold 0.00%
Alamos Gold Inc
TO:AGI
Gold 8.52%
Chifeng Jilong Gold Mining Co Ltd
SHG:600988
Gold 0.27%
G Mining Ventures Corp.
TO:GMIN
Gold 6.91%
Perseus Mining Ltd
TO:PRU
Gold 33.53%
Aura Minerals Inc. Common Shares
NASDAQ:AUGO
Gold 6.69%

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
$16.19 Million
AU$22.89 Million AUD
Market Cap Rank
#25722 Global
#1130 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