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. Check how strategically is Spartan Resources Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2017)
This chart shows how Spartan Resources Ltd's Asset Resilience Ratio has changed over time. See SPR net asset quality score to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see Spartan Resources Ltd (SPR) market capitalisation.
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 |
|---|---|---|
|
Viromed Medical AG
DU:Q11 |
Gold | 2.49% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.00% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Northern Star Resources Ltd
AU:NST |
Gold | 0.51% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
Montage Gold Corp.
TO:MAU |
Gold | 0.67% |
Annual Asset Resilience Ratio for Spartan Resources Ltd (2016–2017)
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 |
-- |
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