SolGold PLC - Asset Resilience Ratio
SolGold PLC (SOLG) has an Asset Resilience Ratio of 0.36% as of June 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 (2010–2023)
This chart shows how SolGold PLC's Asset Resilience Ratio has changed over time. Check SolGold PLC PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down SolGold PLC'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 SolGold PLC (SOLG) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 0% |
| Short-term Investments | GBX1.73 Million | 0.36% |
| Total Liquid Assets | GBX1.73 Million | 0.36% |
Asset Resilience Insights
- Limited Liquidity: SolGold PLC maintains only 0.36% 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.
SolGold PLC Industry Peers by Asset Resilience Ratio
Compare SolGold PLC's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Salazar Resources Limited
V:SRL |
Other Industrial Metals & Mining | 0.00% |
|
Fox Marble Holdings PLC
LSE:FOX |
Other Industrial Metals & Mining | 0.41% |
|
Fortescue Ltd
AU:FMG |
Other Industrial Metals & Mining | 15.12% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.04% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
Annual Asset Resilience Ratio for SolGold PLC (2010–2023)
The table below shows the annual Asset Resilience Ratio data for SolGold PLC.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 0.36% | GBX1.73 Million ≈ $211.02 |
GBX478.34 Million ≈ $58.20K |
-0.88pp |
| 2022-06-30 | 1.25% | GBX5.35 Million ≈ $650.51 |
GBX429.16 Million ≈ $52.22K |
-0.25pp |
| 2021-06-30 | 1.49% | GBX6.82 Million ≈ $829.58 |
GBX456.91 Million ≈ $55.59K |
+0.15pp |
| 2020-06-30 | 1.34% | GBX4.12 Million ≈ $500.68 |
GBX306.80 Million ≈ $37.33K |
-1.09pp |
| 2019-06-30 | 2.43% | GBX5.95 Million ≈ $723.52 |
GBX244.72 Million ≈ $29.77K |
+2.80pp |
| 2010-06-30 | -0.37% | GBX-106.47K ≈ $-12.95 |
GBX29.12 Million ≈ $3.54K |
-- |
About SolGold PLC
SolGold Plc, a mineral exploration and development company, engages in the discovery, definition, and development of copper and gold deposits in Australia, Solomon Islands, Ecuador, Canada, Switzerland, the United States, and Chile. The company primarily explores for copper, gold, silver, and molybdenum deposits. Its flagship project, the Cascabel Project, covers an area of approximately 50 squar… Read more