Erdene Resource Development Corp - Asset Resilience Ratio
Erdene Resource Development Corp (ERD) has an Asset Resilience Ratio of 9.62% as of September 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. Read Erdene Resource Development Corp (ERD) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2004–2021)
This chart shows how Erdene Resource Development Corp's Asset Resilience Ratio has changed over time. See Erdene Resource Development Corp net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Erdene Resource Development Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Erdene Resource Development Corp (ERD) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$5.37 Million | 9.62% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$5.37 Million | 9.62% |
Asset Resilience Insights
- Limited Liquidity: Erdene Resource Development Corp maintains only 9.62% 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.
Erdene Resource Development Corp Industry Peers by Asset Resilience Ratio
Compare Erdene Resource Development Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.03% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961 |
Other Industrial Metals & Mining | 0.04% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Shandong Humon Smelting Co Ltd
SHE:002237 |
Other Industrial Metals & Mining | 0.01% |
|
Advanced Technology & Materials Co Ltd
SHE:000969 |
Other Industrial Metals & Mining | 0.05% |
Annual Asset Resilience Ratio for Erdene Resource Development Corp (2004–2021)
The table below shows the annual Asset Resilience Ratio data for Erdene Resource Development Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 15.17% | CA$7.06 Million ≈ $5.11 Million |
CA$46.54 Million ≈ $33.67 Million |
-14.72pp |
| 2020-12-31 | 29.90% | CA$12.80 Million ≈ $9.26 Million |
CA$42.81 Million ≈ $30.97 Million |
+29.50pp |
| 2009-12-31 | 0.40% | CA$232.44K ≈ $168.14K |
CA$58.65 Million ≈ $42.42 Million |
-2.88pp |
| 2008-12-31 | 3.27% | CA$1.98 Million ≈ $1.44 Million |
CA$60.60 Million ≈ $43.83 Million |
+2.79pp |
| 2006-12-31 | 0.48% | CA$164.33K ≈ $118.88K |
CA$34.18 Million ≈ $24.72 Million |
-0.28pp |
| 2005-12-31 | 0.76% | CA$50.67K ≈ $36.65K |
CA$6.65 Million ≈ $4.81 Million |
+0.46pp |
| 2004-12-31 | 0.30% | CA$28.17K ≈ $20.38K |
CA$9.43 Million ≈ $6.82 Million |
-- |
About Erdene Resource Development Corp
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