TRX Gold Corporation - Asset Resilience Ratio
TRX Gold Corporation (TNX) has an Asset Resilience Ratio of 0.01% as of February 2014. 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 TNX total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2003–2013)
This chart shows how TRX Gold Corporation's Asset Resilience Ratio has changed over time. See free cash flow generation of TRX Gold Corporation to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down TRX Gold Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see TRX Gold Corporation balance sheet assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$4.72K | 0.01% |
| Total Liquid Assets | CA$4.72K | 0.01% |
Asset Resilience Insights
- Limited Liquidity: TRX Gold Corporation maintains only 0.01% 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.
TRX Gold Corporation Industry Peers by Asset Resilience Ratio
Compare TRX Gold Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Bear Creek Mining Corporation
V:BCM |
Gold | 0.02% |
|
BTU Metals Corp
V:BTU |
Gold | 17.87% |
|
Hunan Gold Corp Ltd
SHE:002155 |
Gold | 0.28% |
|
American Pacific Mining Corp
F:1QC1 |
Gold | 0.00% |
|
Hawthorn Resources Ltd
AU:HAW |
Gold | 75.89% |
|
Harvest Gold Corp
V:HVG |
Gold | 0.02% |
|
Chifeng Jilong Gold Mining Co Ltd
SHG:600988 |
Gold | 0.27% |
|
Unigold Inc.
V:UGD |
Gold | 5.90% |
Annual Asset Resilience Ratio for TRX Gold Corporation (2003–2013)
The table below shows the annual Asset Resilience Ratio data for TRX Gold Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2013-08-31 | 0.01% | CA$4.98K ≈ $3.60K |
CA$55.20 Million ≈ $39.93 Million |
-0.02pp |
| 2012-08-31 | 0.03% | CA$17.97K ≈ $13.00K |
CA$63.70 Million ≈ $46.08 Million |
-0.01pp |
| 2011-08-31 | 0.04% | CA$30.03K ≈ $21.72K |
CA$69.58 Million ≈ $50.33 Million |
-0.08pp |
| 2010-08-31 | 0.12% | CA$38.12K ≈ $27.58K |
CA$30.92 Million ≈ $22.36 Million |
-1.76pp |
| 2004-08-31 | 1.88% | CA$316.30K ≈ $228.81K |
CA$16.83 Million ≈ $12.17 Million |
-2.44pp |
| 2003-08-31 | 4.32% | CA$669.07K ≈ $483.99K |
CA$15.48 Million ≈ $11.20 Million |
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About TRX Gold Corporation
TRX Gold Corporation engages in the exploration, development, and production of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interests in the Buckreef gold project that comprises a single Special Mining License covering an area of 16.04 square kilometers and 12 Prospecting Licenses covering 98.19 square kilometers locate… Read more