Siren Gold Ltd - Asset Resilience Ratio

Latest as of December 2023: 4.51%

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. Read SNG total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

AU$868.58K
≈ $614.58K USD Cash + Short-term Investments

Total Assets

AU$19.26 Million
≈ $13.63 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

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 assets for net asset value and shareholders' equity analysis.

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
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 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
--
pp = percentage points

About Siren Gold Ltd

AU:SNG Australia Gold
Market Cap
$16.56 Million
AU$23.40 Million AUD
Market Cap Rank
#25582 Global
#1163 in Australia
Share Price
AU$0.08
Change (1 day)
-1.27%
52-Week Range
AU$0.05 - AU$0.14
All Time High
AU$0.77
About

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.