Erdene Resource Development Corp - Asset Resilience Ratio

Latest as of September 2025: 9.62%

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. Check asset allocation strategy of Erdene Resource Development Corp to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$5.37 Million
≈ $3.89 Million USD Cash + Short-term Investments

Total Assets

CA$55.88 Million
≈ $40.42 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2004–2021)

This chart shows how Erdene Resource Development Corp's Asset Resilience Ratio has changed over time. See ERD equity financing ratio to measure how much of total assets are equity-financed.

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
Glencore PLC
JSE:GLN
Other Industrial Metals & Mining 0.05%
Ivanhoe Mines Ltd.
TO:IVN
Other Industrial Metals & Mining 0.50%
Nickel Industries Ltd
AU:NIC
Other Industrial Metals & Mining 7.58%
Vale Indonesia Tbk
JK:INCO
Other Industrial Metals & Mining 0.07%
Shandong Humon Smelting Co Ltd
SHE:002237
Other Industrial Metals & Mining 0.01%
Guangdong Xianglu Tungsten Co Ltd
SHE:002842
Other Industrial Metals & Mining 0.01%
Lithium Americas Corp
TO:LAC
Other Industrial Metals & Mining 15.88%
Perenti Ltd
AU:PRN
Other Industrial Metals & Mining 8.69%

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
--
pp = percentage points

About Erdene Resource Development Corp

TO:ERD Canada Other Industrial Metals & Mining
Market Cap
$254.30 Million
CA$351.55 Million CAD
Market Cap Rank
#15673 Global
#473 in Canada
Share Price
CA$5.42
Change (1 day)
-3.04%
52-Week Range
CA$0.88 - CA$10.72
All Time High
CA$10.72
About

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