Theta Gold Mines Limited
Theta Gold Mines Limited engages in the gold exploration and development business in South Africa. The company's flagship project is the TGME Gold Mine project located in South Africa. The company was formerly known as Stonewall Resources Limited and changed its name to Theta Gold Mines Limited in December 2018. Theta Gold Mines Limited was incorporated in 2008 and is based in Sydney, Australia.
Theta Gold Mines Limited - Asset Resilience Ratio
Theta Gold Mines Limited (TGMGF) has an Asset Resilience Ratio of 0.08% as of June 2016. 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 (2010–2017)
This chart shows how Theta Gold Mines Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Theta Gold Mines Limited'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 | $8.82K | 0.08% |
| Total Liquid Assets | $8.82K | 0.08% |
Asset Resilience Insights
- Limited Liquidity: Theta Gold Mines Limited maintains only 0.08% 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.
Theta Gold Mines Limited Industry Peers by Asset Resilience Ratio
Compare Theta Gold Mines Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY |
Gold | 0.76% |
|
Gold Fields Limited
PINK:GFIOF |
Gold | 0.00% |
|
Guskin Gold Corp
PINK:GKIN |
Gold | 13.37% |
|
Mining Global Inc
PINK:MNGG |
Gold | 0.00% |
|
Matmown Inc
PINK:MTMW |
Gold | 0.00% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
Annual Asset Resilience Ratio for Theta Gold Mines Limited (2010–2017)
The table below shows the annual Asset Resilience Ratio data for Theta Gold Mines Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2017-06-30 | 2.96% | $416.02K | $14.07 Million | +2.88pp |
| 2016-06-30 | 0.08% | $8.82K | $11.39 Million | -0.04pp |
| 2015-06-30 | 0.12% | $17.28K | $14.55 Million | +0.07pp |
| 2014-06-30 | 0.05% | $12.15K | $23.17 Million | +0.03pp |
| 2013-06-30 | 0.02% | $5.56K | $22.49 Million | -0.31pp |
| 2012-06-30 | 0.34% | $7.64K | $2.28 Million | -0.20pp |
| 2011-06-30 | 0.53% | $20.63K | $3.87 Million | -0.11pp |
| 2010-06-30 | 0.64% | $37.13K | $5.77 Million | -- |