Golden Ridge Resources Ltd
Golden Ridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, lead, zinc deposits. It holds 100% interest in the Hank Project consists of 4 claims covering an area of 1,700 hectares located in the Golden Triangle district of British Colombia; and100% interest in the Williams Gold Prope… Read more
Golden Ridge Resources Ltd - Asset Resilience Ratio
Golden Ridge Resources Ltd (GORIF) has an Asset Resilience Ratio of 30.80% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2024)
This chart shows how Golden Ridge Resources Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Golden Ridge Resources Ltd'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 | $1.85 Million | 30.8% |
| Total Liquid Assets | $1.85 Million | 30.80% |
Asset Resilience Insights
- Very High Liquidity: Golden Ridge Resources Ltd maintains exceptional liquid asset reserves at 30.80% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Golden Ridge Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Golden Ridge Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
| No industry peers found with asset resilience data. | ||
Annual Asset Resilience Ratio for Golden Ridge Resources Ltd (2018–2024)
The table below shows the annual Asset Resilience Ratio data for Golden Ridge Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 23.66% | $1.43 Million | $6.05 Million | +4.18pp |
| 2023-06-30 | 19.49% | $1.25 Million | $6.42 Million | +12.07pp |
| 2022-06-30 | 7.42% | $638.31K | $8.61 Million | -2.57pp |
| 2021-06-30 | 9.98% | $789.77K | $7.91 Million | +8.80pp |
| 2020-06-30 | 1.18% | $103.63K | $8.75 Million | -0.22pp |
| 2019-06-30 | 1.41% | $135.72K | $9.64 Million | -1.18pp |
| 2018-06-30 | 2.58% | $154.06K | $5.96 Million | -- |