Traka Resources Ltd - Asset Resilience Ratio
Traka Resources Ltd (TKL) has an Asset Resilience Ratio of 97.79% as of December 2020. 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 Traka Resources Ltd (TKL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2005–2018)
This chart shows how Traka Resources Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Traka Resources Ltd (TKL) total assets.
Liquid Assets Composition Over Time
This chart breaks down Traka Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Traka Resources Ltd (TKL) financial obligations for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$1.70 Million | 97.79% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$1.70 Million | 97.79% |
Asset Resilience Insights
- Very High Liquidity: Traka Resources Ltd maintains exceptional liquid asset reserves at 97.79% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Traka Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Traka Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Asante Gold Corporation
F:1A9 |
Gold | 0.23% |
|
Newmont Goldcorp Corp
NYSE:NEM |
Gold | 7.15% |
|
Agnico Eagle Mines Limited
TO:AEM |
Gold | 0.04% |
|
Yintai Resources Co Ltd
SHE:000975 |
Gold | 7.47% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
Montage Gold Corp.
TO:MAU |
Gold | 0.34% |
|
Centerra Gold Inc
TO:CG |
Gold | 0.28% |
Annual Asset Resilience Ratio for Traka Resources Ltd (2005–2018)
The table below shows the annual Asset Resilience Ratio data for Traka Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-06-30 | 96.04% | AU$1.50 Million ≈ $1.06 Million |
AU$1.56 Million ≈ $1.11 Million |
+95.30pp |
| 2005-06-30 | 0.74% | AU$11.00K ≈ $7.78K |
AU$1.49 Million ≈ $1.05 Million |
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About Traka Resources Ltd
Traka Resources Limited engages in the exploration of mineral properties in Australia. It explores for uranium, zinc, lead, cobalt, and copper deposits, as well as rare earth elements. The company's flagship project is the Gorge Creek Project located in Northwest Queensland. Traka Resources Limited was incorporated in 2003 and is based in West Perth, Australia.