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. Check AKOBO strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
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 Minerals AB (publ) net asset quality index to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see how much is Akobo Minerals AB (publ) worth.
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 |
|---|---|---|
|
FELIX Gold Ltd
AU:FXG |
Gold | 31.36% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Shandong Gold Mining Co Ltd
SHG:600547 |
Gold | 1.68% |
|
Eldorado Gold Corp
TO:ELD |
Gold | 0.00% |
|
Lundin Gold Inc
TO:LUG |
Gold | 0.00% |
|
Montage Gold Corp.
TO:MAU |
Gold | 0.67% |
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.