Spartan Resources Ltd Asset Resilience Ratio
Spartan Resources Ltd asset resilience ratio. Spartan Resources Ltd (SPR) has an Asset Resilience Ratio of 9.86% 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 Spartan Resources Ltd (SPR) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Spartan Resources Ltd (2016–2017)
Asset resilience ratio of Spartan Resources Ltd from 2016 to 2017. This chart shows how Spartan Resources Ltd's Asset Resilience Ratio has changed over time. Read total liabilities of Spartan Resources Ltd for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Spartan Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see SPR current and non-current assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$18.75 Million | 9.86% |
| Total Liquid Assets | AU$18.75 Million | 9.86% |
Asset Resilience Insights
- Limited Liquidity: Spartan Resources Ltd maintains only 9.86% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Spartan Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Spartan Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
Genesis Minerals Ltd
AU:GMD |
Gold | 0.15% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
Gold Road Resources Ltd
AU:GOR |
Gold | -0.21% |
Spartan Resources Ltd Asset Resilience Ratio by Year (2016–2017)
Spartan Resources Ltd asset resilience ratio by year from 2016 to 2017. The table below shows the annual Asset Resilience Ratio data for Spartan Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2017-06-30 | 0.00% | AU$0.00 ≈ $0.00 |
AU$103.87 Million ≈ $73.49 Million |
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| 2016-06-30 | 37.43% | AU$14.88 Million ≈ $10.53 Million |
AU$39.76 Million ≈ $28.13 Million |
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About Spartan Resources Ltd
Spartan Resources Limited engages in the exploration, evaluation, and development of gold projects in Australia. The company's flagship project is the Dalgaranga gold project, which covers an area of 500 square kilometers located to the north-west of Mt Magnet in Western Australia. The company was formerly known as Gascoyne Resources Limited and changed its name to Spartan Resources Limited in Au… Read more