Allied Gold Corporation - Asset Resilience Ratio
Allied Gold Corporation (AAUC) has an Asset Resilience Ratio of 8.13% as of June 2024. 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. See Allied Gold Corporation working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (None–None)
This chart shows how Allied Gold Corporation's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Allied Gold Corporation total assets.
Liquid Assets Composition Over Time
This chart breaks down Allied Gold Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read AAUC current and long-term liabilities for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$77.97 Million | 8.13% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$77.97 Million | 8.13% |
Asset Resilience Insights
- Limited Liquidity: Allied Gold Corporation maintains only 8.13% 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.
Allied Gold Corporation Industry Peers by Asset Resilience Ratio
Compare Allied Gold Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Agnico Eagle Mines Limited
TO:AEM |
Gold | 0.04% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
|
Harmony Gold Mining Co. Ltd.
JSE:HAR |
Gold | 0.25% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Western Gold Co Ltd
SHG:601069 |
Gold | 0.13% |
|
Fortuna Silver Mines Inc
TO:FVI |
Gold | 9.98% |
|
Sandstorm Gold Ltd N
TO:SSL |
Gold | 0.45% |
Annual Asset Resilience Ratio for Allied Gold Corporation (None–None)
The table below shows the annual Asset Resilience Ratio data for Allied Gold Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||
About Allied Gold Corporation
Allied Gold Corporation, together with its subsidiaries, explores and produces mineral deposits in Africa. The company primarily explores for gold and silver ores. Its flagship project is the Sadiola gold project, an open pit mine located in the Republic of Mali. The company holds interest in the Bonikro and Hiré mines located in Côte d'Ivoire; the Agbaou mine located in Côte d'Ivoire; and the Ku… Read more