Toubani Resources Ltd
Toubani Resources Limited engages in the exploration and development of gold properties in West Africa. It focuses on the Kobada Gold project located in Southern Mali. The company was incorporated in 2002 and is based in West Perth, Australia.
Toubani Resources Ltd - Asset Resilience Ratio
Toubani Resources Ltd (TRE) has an Asset Resilience Ratio of 87.08% as of March 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2007–2023)
This chart shows how Toubani Resources Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Toubani Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$2.27 Million | 87.08% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$2.27 Million | 87.08% |
Asset Resilience Insights
- Very High Liquidity: Toubani Resources Ltd maintains exceptional liquid asset reserves at 87.08% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Toubani Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Toubani Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY |
Gold | 0.76% |
|
Gold Fields Limited
PINK:GFIOF |
Gold | 0.00% |
|
Guskin Gold Corp
PINK:GKIN |
Gold | 13.37% |
|
Mining Global Inc
PINK:MNGG |
Gold | 0.00% |
|
Matmown Inc
PINK:MTMW |
Gold | 0.00% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
Annual Asset Resilience Ratio for Toubani Resources Ltd (2007–2023)
The table below shows the annual Asset Resilience Ratio data for Toubani Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -24.19% | AU$-1.04 Million | AU$4.28 Million | -114.29pp |
| 2022-12-31 | 90.10% | AU$3.64 Million | AU$4.04 Million | -0.18pp |
| 2021-12-31 | 90.28% | AU$3.51 Million | AU$3.88 Million | +44.61pp |
| 2020-12-31 | 45.67% | AU$785.68K | AU$1.72 Million | +24.75pp |
| 2009-12-31 | 20.93% | AU$4.77 Million | AU$22.79 Million | +14.35pp |
| 2007-12-31 | 6.57% | AU$1.26 Million | AU$19.23 Million | -- |