Contango ORE Inc - Asset Resilience Ratio
Contango ORE Inc (CTGO) has an Asset Resilience Ratio of 0.00% as of September 2024. 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. Read Contango ORE Inc (CTGO) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2023)
This chart shows how Contango ORE Inc's Asset Resilience Ratio has changed over time. See Contango ORE Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Contango ORE Inc'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 Contango ORE Inc (CTGO) total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $-1.00 | -0.0% |
| Total Liquid Assets | $-1.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Contango ORE Inc maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Contango ORE Inc Industry Peers by Asset Resilience Ratio
Compare Contango ORE Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Asante Gold Corporation
F:1A9 |
Gold | 0.23% |
|
TomaGold Corporation
F:OTM |
Gold | 0.43% |
|
Royal Gold Inc
NASDAQ:RGLD |
Gold | 0.12% |
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.03% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Yintai Resources Co Ltd
SHE:000975 |
Gold | 7.47% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
Annual Asset Resilience Ratio for Contango ORE Inc (2015–2023)
The table below shows the annual Asset Resilience Ratio data for Contango ORE Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.40% | $232.57K | $58.59 Million | -- |
| 2019-06-30 | 0.00% | $0.00 | $8.76 Million | -- |
| 2018-06-30 | 0.00% | $0.00 | $13.97 Million | -- |
| 2017-06-30 | 0.00% | $0.00 | $5.37 Million | -- |
| 2016-06-30 | 0.00% | $0.00 | $1.31 Million | -- |
| 2015-06-30 | 0.00% | $0.00 | $2.01 Million | -- |
About Contango ORE Inc
Contango Ore, Inc., an exploration stage company, engages in the exploration and development of mineral properties in Alaska, the United States. It explores for gold, silver, and copper ores. The company was founded in 2009 and is headquartered in Fairbanks, Alaska.