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