Akobo Minerals AB (publ) - Asset Resilience Ratio
Akobo Minerals AB (publ) (AKOBO) has an Asset Resilience Ratio of 4.90% as of March 2025. 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 Akobo Minerals AB (publ) (AKOBO) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2024)
This chart shows how Akobo Minerals AB (publ)'s Asset Resilience Ratio has changed over time. See AKOBO free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Akobo Minerals AB (publ)'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 Akobo Minerals AB (publ) (AKOBO) total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr7.77 Million | 4.9% |
| Short-term Investments | Nkr0.00 | 0% |
| Total Liquid Assets | Nkr7.77 Million | 4.90% |
Asset Resilience Insights
- Limited Liquidity: Akobo Minerals AB (publ) maintains only 4.90% 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.
Akobo Minerals AB (publ) Industry Peers by Asset Resilience Ratio
Compare Akobo Minerals AB (publ)'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Newmont Goldcorp Corp
NYSE:NEM |
Gold | 7.15% |
|
Zhaojin Mining Industry Company Limited
F:ZVL |
Gold | 3.88% |
|
Eldorado Gold Corp
TO:ELD |
Gold | 0.00% |
|
SSR Mining Inc
NASDAQ:SSRM |
Gold | 0.68% |
|
Sandstorm Gold Ltd N
TO:SSL |
Gold | 0.45% |
|
Seabridge Gold Inc.
TO:SEA |
Gold | 6.52% |
|
Ora Banda Mining Ltd
AU:OBM |
Gold | 0.08% |
|
Resolute Mining Ltd
AU:RSG |
Gold | 8.66% |
Annual Asset Resilience Ratio for Akobo Minerals AB (publ) (2020–2024)
The table below shows the annual Asset Resilience Ratio data for Akobo Minerals AB (publ).
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 28.40% | Nkr26.87 Million ≈ $2.83 Million |
Nkr94.64 Million ≈ $9.96 Million |
+23.96pp |
| 2023-12-31 | 4.43% | Nkr6.34 Million ≈ $667.19K |
Nkr143.05 Million ≈ $15.05 Million |
-26.98pp |
| 2022-12-31 | 31.41% | Nkr56.30 Million ≈ $5.92 Million |
Nkr179.27 Million ≈ $18.86 Million |
-7.23pp |
| 2021-12-31 | 38.64% | Nkr33.37 Million ≈ $3.51 Million |
Nkr86.35 Million ≈ $9.09 Million |
-2.09pp |
| 2020-12-31 | 40.73% | Nkr19.30 Million ≈ $2.03 Million |
Nkr47.39 Million ≈ $4.99 Million |
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About Akobo Minerals AB (publ)
Akobo Minerals AB (publ) operates as a gold exploration and mining company in Ethiopia. The company holds an exploration license covering 182 square kilometers and a mining license covering 16 square kilometers located in the Gambela region and Dima Woreda, Ethiopia. It has interests in the Segele Gold and Joru Gold deposits. The company was founded in 2009 and is based in Gothenburg, Sweden.