Golden Metal Resources PLC - Asset Resilience Ratio
Golden Metal Resources PLC (GMET) has an Asset Resilience Ratio of 2.34% 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. See GMET working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2023–2023)
This chart shows how Golden Metal Resources PLC's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Golden Metal Resources PLC.
Liquid Assets Composition Over Time
This chart breaks down Golden Metal Resources PLC's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read debt load of Golden Metal Resources PLC for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 0% |
| Short-term Investments | GBX206.81K | 2.34% |
| Total Liquid Assets | GBX206.81K | 2.34% |
Asset Resilience Insights
- Limited Liquidity: Golden Metal Resources PLC maintains only 2.34% 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.
Golden Metal Resources PLC Industry Peers by Asset Resilience Ratio
Compare Golden Metal Resources PLC's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
China Gold International Resources
TO:CGG |
Other Precious Metals & Mining | 11.22% |
|
Artemis Gold Inc
V:ARTG |
Other Precious Metals & Mining | 0.00% |
|
Triple Flag Precious Metals Corp
TO:TFPM |
Other Precious Metals & Mining | 7.79% |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711 |
Other Precious Metals & Mining | 0.84% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
29METALS Ltd
AU:29M |
Other Precious Metals & Mining | 0.00% |
|
Orvana Minerals Corp.
TO:ORV |
Other Precious Metals & Mining | 15.73% |
|
Sierra Madre Gold and Silver Ltd
V:SM |
Other Precious Metals & Mining | 5.46% |
Annual Asset Resilience Ratio for Golden Metal Resources PLC (2023–2023)
The table below shows the annual Asset Resilience Ratio data for Golden Metal Resources PLC.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 3.10% | GBX292.62K ≈ $35.60 |
GBX9.45 Million ≈ $1.15K |
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About Golden Metal Resources PLC
Guardian Metal Resources PLC engages in the exploration and exploitation of mineral resources in the United States. It primarily explores for tungsten, copper, gold, silver, lithium, and zinc deposits. The company's flagship project is the 100% owned Pilot Mountain Project that covers an area of 5,908-acres located in Nevada. It also holds an option to acquire up to 100% interest in the Tempiute … Read more