Siren Gold Ltd - Asset Resilience Ratio
Siren Gold Ltd (SNG) has an Asset Resilience Ratio of 4.51% as of December 2023. 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. See Siren Gold Ltd (SNG) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2022–2022)
This chart shows how Siren Gold Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Siren Gold Ltd asset portfolio.
Liquid Assets Composition Over Time
This chart breaks down Siren Gold Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore how much of Siren Gold Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$868.58K | 4.51% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$868.58K | 4.51% |
Asset Resilience Insights
- Limited Liquidity: Siren Gold Ltd maintains only 4.51% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Siren Gold Ltd Industry Peers by Asset Resilience Ratio
Compare Siren Gold Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Asante Gold Corporation
F:1A9 |
Gold | 0.23% |
|
Newmont Goldcorp Corp
NYSE:NEM |
Gold | 7.15% |
|
Agnico Eagle Mines Limited
TO:AEM |
Gold | 0.04% |
|
Yintai Resources Co Ltd
SHE:000975 |
Gold | 7.47% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
Montage Gold Corp.
TO:MAU |
Gold | 0.34% |
|
Centerra Gold Inc
TO:CG |
Gold | 0.28% |
Annual Asset Resilience Ratio for Siren Gold Ltd (2022–2022)
The table below shows the annual Asset Resilience Ratio data for Siren Gold Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 0.15% | AU$25.00K ≈ $17.69K |
AU$16.83 Million ≈ $11.91 Million |
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About Siren Gold Ltd
Siren Gold Limited, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia and New Zealand. It also explores for silver deposits. The company was incorporated in 2017 and is based in West Perth, Australia.