SolGold PLC - Asset Resilience Ratio
SolGold PLC (SOLG) has an Asset Resilience Ratio of 0.36% as of June 2023. 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 SolGold PLC to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2010–2023)
This chart shows how SolGold PLC's Asset Resilience Ratio has changed over time. See SolGold PLC (SOLG) net asset quality to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down SolGold PLC'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 SolGold PLC market cap and net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.73 Million | 0.36% |
| Total Liquid Assets | CA$1.73 Million | 0.36% |
Asset Resilience Insights
- Limited Liquidity: SolGold PLC maintains only 0.36% 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.
SolGold PLC Industry Peers by Asset Resilience Ratio
Compare SolGold PLC'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% |
|
Vale S.A
F:CVLB |
Other Industrial Metals & Mining | 0.22% |
|
Teck Resources Limited
TO:TECK-B |
Other Industrial Metals & Mining | -2.10% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Ivanhoe Mines Ltd.
TO:IVN |
Other Industrial Metals & Mining | 0.50% |
|
RTG Mining Inc
AU:RTG |
Other Industrial Metals & Mining | 14.16% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
Annual Asset Resilience Ratio for SolGold PLC (2010–2023)
The table below shows the annual Asset Resilience Ratio data for SolGold PLC.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 0.36% | CA$1.73 Million ≈ $1.25 Million |
CA$478.34 Million ≈ $346.02 Million |
-0.88pp |
| 2022-06-30 | 1.25% | CA$5.34 Million ≈ $3.87 Million |
CA$429.16 Million ≈ $310.45 Million |
-0.25pp |
| 2021-06-30 | 1.49% | CA$6.82 Million ≈ $4.93 Million |
CA$456.91 Million ≈ $330.52 Million |
+0.15pp |
| 2020-06-30 | 1.34% | CA$4.11 Million ≈ $2.98 Million |
CA$306.80 Million ≈ $221.93 Million |
-1.09pp |
| 2019-06-30 | 2.43% | CA$5.94 Million ≈ $4.30 Million |
CA$244.72 Million ≈ $177.02 Million |
+2.79pp |
| 2010-06-30 | -0.37% | CA$-106.47K ≈ $-77.02K |
CA$29.12 Million ≈ $21.06 Million |
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About SolGold PLC
SolGold Plc, a mineral exploration and development company, explores for, evaluates, and develops mineral properties in Ecuador, Switzerland, Australia, Chile, and Solomon Islands. It primarily explores for copper, gold, silver, and molybdenum deposits. The company's flagship project is the Cascabel Project that covers an area of approximately 50 square kilometers located in Imbabura province, No… Read more