Erdene Resource Development Corporation
Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May 2008. Erdene Resource Development Corporation was incorporate… Read more
Erdene Resource Development Corporation - Asset Resilience Ratio
Erdene Resource Development Corporation (ERDCF) has an Asset Resilience Ratio of 0.00% as of June 2019. 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 (2003–2018)
This chart shows how Erdene Resource Development 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 Erdene Resource Development 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 | $0.00 | 0% |
| Total Liquid Assets | $0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Erdene Resource Development Corporation 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 maintains a balanced mix of cash and short-term investments.
Erdene Resource Development Corporation Industry Peers by Asset Resilience Ratio
Compare Erdene Resource Development Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR |
Other Industrial Metals & Mining | 0.13% |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 |
Other Industrial Metals & Mining | 1.58% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 4.86% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.00% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758 |
Other Industrial Metals & Mining | 1.13% |
|
Huludao Zinc Industry Co Ltd
SHE:000751 |
Other Industrial Metals & Mining | 0.01% |
Annual Asset Resilience Ratio for Erdene Resource Development Corporation (2003–2018)
The table below shows the annual Asset Resilience Ratio data for Erdene Resource Development Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 0.00% | $0.00 | $17.71 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $14.95 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $4.29 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $2.52 Million | -- |
| 2014-12-31 | 0.00% | $0.00 | $10.91 Million | -- |
| 2013-12-31 | 0.00% | $0.00 | $11.59 Million | -- |
| 2012-12-31 | 0.00% | $0.00 | $13.31 Million | -- |
| 2011-12-31 | 0.00% | $0.00 | $46.78 Million | -- |
| 2010-12-31 | 0.00% | $0.00 | $55.99 Million | -- |
| 2009-12-31 | 0.40% | $232.44K | $58.65 Million | -2.88pp |
| 2008-12-31 | 3.27% | $1.98 Million | $60.60 Million | -- |
| 2007-12-31 | 0.00% | $0.00 | $47.02 Million | -- |
| 2006-12-31 | 0.48% | $164.33K | $34.18 Million | -0.28pp |
| 2005-12-31 | 0.76% | $50.67K | $6.65 Million | +0.46pp |
| 2004-12-31 | 0.30% | $28.17K | $9.43 Million | -- |
| 2003-12-31 | 0.00% | $0.00 | $4.16 Million | -- |