Gold Resource Corporation - Asset Resilience Ratio
Gold Resource Corporation (GORO) has an Asset Resilience Ratio of 0.27% as of December 2021. 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 GORO net 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 (2009–2021)
This chart shows how Gold Resource Corporation's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see GORO current and non-current assets.
Liquid Assets Composition Over Time
This chart breaks down Gold Resource Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Gold Resource Corporation strategic investment ratio to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $589.00K | 0.27% |
| Total Liquid Assets | $589.00K | 0.27% |
Asset Resilience Insights
- Limited Liquidity: Gold Resource Corporation maintains only 0.27% 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.
Gold Resource Corporation Industry Peers by Asset Resilience Ratio
Compare Gold Resource Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.03% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Shandong Gold Mining Co Ltd
SHG:600547 |
Gold | 1.68% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
IAMGold Corporation
TO:IMG |
Gold | 5.86% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
G Mining Ventures Corp.
TO:GMIN |
Gold | 6.91% |
Annual Asset Resilience Ratio for Gold Resource Corporation (2009–2021)
The table below shows the annual Asset Resilience Ratio data for Gold Resource Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 0.27% | $589.00K | $215.76 Million | -0.36pp |
| 2020-12-31 | 0.63% | $671.00K | $105.73 Million | -1.58pp |
| 2019-12-31 | 2.21% | $4.26 Million | $193.01 Million | -0.21pp |
| 2018-12-31 | 2.42% | $3.64 Million | $150.33 Million | -0.45pp |
| 2017-12-31 | 2.87% | $3.81 Million | $132.92 Million | +0.08pp |
| 2016-12-31 | 2.79% | $3.31 Million | $118.46 Million | -0.01pp |
| 2015-12-31 | 2.80% | $2.99 Million | $106.53 Million | -0.28pp |
| 2014-12-31 | 3.09% | $3.45 Million | $111.67 Million | -1.05pp |
| 2013-12-31 | 4.13% | $3.80 Million | $91.97 Million | -1.37pp |
| 2012-12-31 | 5.50% | $5.81 Million | $105.63 Million | +3.37pp |
| 2011-12-31 | 2.13% | $2.55 Million | $119.59 Million | -48.33pp |
| 2009-12-31 | 50.46% | $11.44 Million | $22.66 Million | -- |
About Gold Resource Corporation
Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects. It also explores copper, lead, and zinc deposits. It holds 100% interest in the Don David gold mine, including two production stage and four exploration stage properties located in Oaxaca, Mexico that cover approximately 55,119 hectares. The company also holds 100% interest in the Back F… Read more