Tanzanian Royalty Exploration Corp - Asset Resilience Ratio
Tanzanian Royalty Exploration Corp (TRX) has an Asset Resilience Ratio of 0.00% as of May 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. See Tanzanian Royalty Exploration Corp (TRX) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2019)
This chart shows how Tanzanian Royalty Exploration Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Tanzanian Royalty Exploration Corp total assets.
Liquid Assets Composition Over Time
This chart breaks down Tanzanian Royalty Exploration Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read total liabilities of Tanzanian Royalty Exploration Corp for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $-993.00 | -0.0% |
| Total Liquid Assets | $-993.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Tanzanian Royalty Exploration Corp 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.
Tanzanian Royalty Exploration Corp Industry Peers by Asset Resilience Ratio
Compare Tanzanian Royalty Exploration Corp'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 Tanzanian Royalty Exploration Corp (2000–2019)
The table below shows the annual Asset Resilience Ratio data for Tanzanian Royalty Exploration Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-08-31 | 0.00% | $0.00 | $38.15 Million | -- |
| 2018-08-31 | 0.00% | $0.00 | $53.03 Million | -- |
| 2017-08-31 | 0.00% | $0.00 | $40.68 Million | -- |
| 2016-08-31 | 0.00% | $0.00 | $38.11 Million | -- |
| 2015-08-31 | 0.00% | $0.00 | $52.79 Million | -- |
| 2014-08-31 | 3.47% | $1.83 Million | $52.95 Million | -14.90pp |
| 2013-08-31 | 18.36% | $10.65 Million | $58.03 Million | -13.38pp |
| 2012-08-31 | 31.74% | $20.11 Million | $63.37 Million | -16.25pp |
| 2011-08-31 | 47.99% | $32.54 Million | $67.80 Million | +47.87pp |
| 2010-08-31 | 0.12% | $39.77K | $32.25 Million | -- |
| 2009-08-31 | 0.00% | $0.00 | $29.09 Million | -- |
| 2008-08-31 | 0.00% | $0.00 | $26.89 Million | -- |
| 2007-08-31 | -0.22% | $-54.72K | $25.42 Million | -- |
| 2006-08-31 | 0.00% | $0.00 | $24.81 Million | -- |
| 2005-08-31 | 0.00% | $0.00 | $22.26 Million | -- |
| 2004-08-31 | 1.88% | $410.57K | $21.85 Million | -2.44pp |
| 2003-08-31 | 4.32% | $669.07K | $15.48 Million | -- |
| 2002-08-31 | 0.00% | $0.00 | $13.42 Million | -- |
| 2001-08-31 | 0.00% | $0.00 | $8.03 Million | -- |
| 2000-08-31 | 0.00% | $0.00 | $6.13 Million | -- |
About Tanzanian Royalty Exploration Corp
TRX Gold Corporation engages in the exploration, development, and production of mineral property in Tanzania. Its flagship project is the Buckreef Gold Project in Tanzania. The company was formerly known as Tanzanian Gold Corporation and changed its name to TRX Gold Corporation in May 2022. The company was incorporated in 1990 and is based in Oakville, Canada.