Spartan Resources Ltd - Asset Resilience Ratio

Latest as of December 2023: 9.86%

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. Read Spartan Resources Ltd (SPR) financial obligations for a breakdown of total debt and financial obligations.

Liquid Assets

AU$18.75 Million
≈ $13.27 Million USD Cash + Short-term Investments

Total Assets

AU$190.19 Million
≈ $134.57 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2017)

This chart shows how Spartan Resources Ltd's Asset Resilience Ratio has changed over time. See Spartan Resources Ltd shareholders equity for net asset value and shareholders' equity analysis.

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
ROBEX Resources Inc
AU:RXR
Gold 1.59%
Agnico Eagle Mines Limited
TO:AEM
Gold 8.36%
Wheaton Precious Metals Corp
TO:WPM
Gold 1.81%
Barrick Gold Corp
TO:ABX
Gold 13.03%
Zhongjin Gold Corp Ltd
SHG:600489
Gold 0.02%
Evolution Mining Ltd
AU:EVN
Gold 9.64%
Alamos Gold Inc
TO:AGI
Gold 8.52%
Coeur Mining Inc
NYSE:CDE
Gold 11.79%

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
--
2016-06-30 37.43% AU$14.88 Million
≈ $10.53 Million
AU$39.76 Million
≈ $28.13 Million
--
pp = percentage points

About Spartan Resources Ltd

AU:SPR Australia Gold
Market Cap
$2.01 Billion
AU$2.85 Billion AUD
Market Cap Rank
#6236 Global
#143 in Australia
Share Price
AU$2.13
Change (1 day)
+8.40%
52-Week Range
AU$1.87 - AU$2.30
All Time High
AU$9.92
About

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