SolGold PLC Asset Resilience Ratio
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. See SolGold PLC liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of SolGold PLC (2010–2023)
Asset resilience ratio of SolGold PLC from 2010 to 2023. This chart shows how SolGold PLC's Asset Resilience Ratio has changed over time. Read SOLG current and long-term liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see SolGold PLC (SOLG) total assets.
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 |
|---|---|---|
|
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% |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716 |
Other Industrial Metals & Mining | -3.76% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 28.52% |
|
Huludao Zinc Industry Co Ltd
SHE:000751 |
Other Industrial Metals & Mining | 0.01% |
|
Major Drilling Group International
TO:MDI |
Other Industrial Metals & Mining | 12.07% |
SolGold PLC Asset Resilience Ratio by Year (2010–2023)
SolGold PLC asset resilience ratio by year from 2010 to 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 |
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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