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. Check Siren Gold Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
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. See Siren Gold Ltd (SNG) net asset quality to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see Siren Gold Ltd stock valuation.
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 |
|---|---|---|
|
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 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 |
-- |
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.