TomaGold Corporation - Asset Resilience Ratio
TomaGold Corporation (OTM) has an Asset Resilience Ratio of 1.12% as of November 2018. 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 (2014–2022)
This chart shows how TomaGold Corporation's Asset Resilience Ratio has changed over time. Check asset allocation strategy of TomaGold Corporation to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down TomaGold Corporation'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 TomaGold Corporation (OTM) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0% |
| Short-term Investments | €72.58K | 1.12% |
| Total Liquid Assets | €72.58K | 1.12% |
Asset Resilience Insights
- Limited Liquidity: TomaGold Corporation maintains only 1.12% 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.
TomaGold Corporation Industry Peers by Asset Resilience Ratio
Compare TomaGold Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Shandong Gold Mining Co Ltd
SHG:600547 |
Gold | 1.68% |
|
G Mining Ventures Corp.
TO:GMIN |
Gold | 6.91% |
|
Hunan Gold Corp Ltd
SHE:002155 |
Gold | 0.28% |
|
De Grey Mining Ltd
AU:DEG |
Gold | 57.44% |
Annual Asset Resilience Ratio for TomaGold Corporation (2014–2022)
The table below shows the annual Asset Resilience Ratio data for TomaGold Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-08-31 | 43.35% | €1.27 Million ≈ $1.49 Million |
€2.93 Million ≈ $3.43 Million |
+33.02pp |
| 2018-08-31 | 10.33% | €692.58K ≈ $809.70K |
€6.70 Million ≈ $7.84 Million |
+8.63pp |
| 2017-08-31 | 1.70% | €128.93K ≈ $150.73K |
€7.60 Million ≈ $8.88 Million |
-8.85pp |
| 2016-08-31 | 10.54% | €702.98K ≈ $821.86K |
€6.67 Million ≈ $7.80 Million |
+10.23pp |
| 2015-08-31 | 0.31% | €15.00K ≈ $17.54K |
€4.85 Million ≈ $5.67 Million |
-0.65pp |
| 2014-08-31 | 0.96% | €50.00K ≈ $58.46K |
€5.22 Million ≈ $6.10 Million |
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About TomaGold Corporation
TomaGold Corporation, together with its subsidiaries, engages in the acquisition, exploration, assessment, and development of gold mineral properties in Canada. The company also explores for copper, zinc, precious and base metals, lithium, and rare earth elements. TomaGold Corporation is based in Montreal, Canada.