Orla Mining Ltd - Asset Resilience Ratio

Latest as of September 2024: 29.24%

Orla Mining Ltd (OLA) has an Asset Resilience Ratio of 29.24% as of September 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. Read OLA liabilities breakdown for a breakdown of total debt and financial obligations.

Liquid Assets

CA$180.90 Million
≈ $130.86 Million USD Cash + Short-term Investments

Total Assets

CA$618.70 Million
≈ $447.56 Million USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2023)

This chart shows how Orla Mining Ltd's Asset Resilience Ratio has changed over time. See what is Orla Mining Ltd's book value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Orla Mining Ltd'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 Orla Mining Ltd stock valuation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$180.90 Million 29.24%
Short-term Investments CA$0.00 0%
Total Liquid Assets CA$180.90 Million 29.24%

Asset Resilience Insights

  • Very High Liquidity: Orla Mining Ltd maintains exceptional liquid asset reserves at 29.24% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Orla Mining Ltd Industry Peers by Asset Resilience Ratio

Compare Orla Mining Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Barrick Gold Corp
TO:ABX
Gold 13.03%
New Gold Inc
TO:NGD
Gold 0.04%
Franco-Nevada Corporation
TO:FNV
Gold 2.88%
Kinross Gold Corp
TO:K
Gold 9.89%
Pan American Silver Corp
TO:PAAS
Gold 13.56%
Alamos Gold Inc
TO:AGI
Gold 8.52%
OceanaGold Corporation
TO:OGC
Gold 11.64%
Genesis Minerals Ltd
AU:GMD
Gold 0.15%

Annual Asset Resilience Ratio for Orla Mining Ltd (2019–2023)

The table below shows the annual Asset Resilience Ratio data for Orla Mining Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 18.04% CA$96.63 Million
≈ $69.90 Million
CA$535.78 Million
≈ $387.57 Million
+2.35pp
2022-12-31 15.69% CA$96.28 Million
≈ $69.65 Million
CA$613.82 Million
≈ $444.03 Million
+10.06pp
2021-12-31 5.62% CA$20.52 Million
≈ $14.84 Million
CA$364.89 Million
≈ $263.96 Million
-24.55pp
2020-12-31 30.18% CA$72.18 Million
≈ $52.21 Million
CA$239.19 Million
≈ $173.03 Million
+14.80pp
2019-12-31 15.37% CA$23.11 Million
≈ $16.71 Million
CA$150.32 Million
≈ $108.74 Million
--
pp = percentage points

About Orla Mining Ltd

TO:OLA Canada Gold
Market Cap
$4.44 Billion
CA$6.14 Billion CAD
Market Cap Rank
#3885 Global
#126 in Canada
Share Price
CA$18.06
Change (1 day)
+1.46%
52-Week Range
CA$12.28 - CA$29.67
All Time High
CA$29.67
About

Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties. It explores gold, silver, zinc, lead, and copper deposits. The company owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; an… Read more