Concorde Gaming Corporation
Concorde Gaming Corporation, through its wholly owned subsidiaries, owns and operates casinos. It operates Golden Gates Casino and Golden Gulch Casino in Black Hawk, Colorado; and Casino Princesa, an offshore gaming vessel in Miami, Florida. The Golden Gates Casino offers blackjack tables and gaming machines. In addition, it provides liquor bar and nightly valet parking. Golden Gulch Casino offer… Read more
Concorde Gaming Corporation - Asset Resilience Ratio
Concorde Gaming Corporation (CGAM) has an Asset Resilience Ratio of 0.19% as of December 1999. 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2003)
This chart shows how Concorde Gaming Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Concorde Gaming Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $31.67K | 0.19% |
| Total Liquid Assets | $31.67K | 0.19% |
Asset Resilience Insights
- Limited Liquidity: Concorde Gaming Corporation maintains only 0.19% 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.
Concorde Gaming Corporation Industry Peers by Asset Resilience Ratio
Compare Concorde Gaming Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Lotte Tour Dev
KO:032350 |
Resorts & Casinos | 1.54% |
|
Paradise Co. Ltd
KQ:034230 |
Resorts & Casinos | 11.93% |
|
Kangwon Land
KO:035250 |
Resorts & Casinos | 62.09% |
|
Yong Pyong Resort Corp
KO:070960 |
Resorts & Casinos | 0.70% |
|
Grand Korea Leisure Co. Ltd
KO:114090 |
Resorts & Casinos | 32.38% |
|
Inch Kenneth Kajang Rubber PLC
KLSE:2607 |
Resorts & Casinos | 1.36% |
|
FarGlory Hotel Co Ltd
TW:2712 |
Resorts & Casinos | 4.88% |
|
Chateau International Development Co Ltd
TW:2722 |
Resorts & Casinos | 15.83% |
Annual Asset Resilience Ratio for Concorde Gaming Corporation (2002–2003)
The table below shows the annual Asset Resilience Ratio data for Concorde Gaming Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2003-09-30 | 1.58% | $403.00K | $25.55 Million | -0.11pp |
| 2002-09-30 | 1.69% | $400.00K | $23.72 Million | -- |