Cerrado Gold Corp - Asset Resilience Ratio
Cerrado Gold Corp (CERT) has an Asset Resilience Ratio of 0.00% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how Cerrado Gold Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Cerrado Gold Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Cerrado Gold Corp maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Cerrado Gold Corp Industry Peers by Asset Resilience Ratio
Compare Cerrado Gold Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Contango ORE Inc
NYSE MKT:CTGO |
Gold | 0.00% |
|
Dakota Gold Corp.
NYSE MKT:DC |
Gold | 27.69% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
|
CROSS RIVER VENTURES CORP
F:C6R |
Gold | 0.00% |
|
Asante Gold Corporation
F:1A9 |
Gold | 0.23% |
|
American Pacific Mining Corp
F:1QC1 |
Gold | 0.00% |
|
Rio2 Limited
F:1SB |
Gold | 0.04% |
Annual Asset Resilience Ratio for Cerrado Gold Corp (2021–2023)
The table below shows the annual Asset Resilience Ratio data for Cerrado Gold Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.01% | CA$15.00K | CA$250.72 Million | -0.88pp |
| 2022-12-31 | 0.89% | CA$1.44 Million | CA$162.65 Million | +0.86pp |
| 2021-12-31 | 0.03% | CA$29.00K | CA$109.81 Million | -- |
About Cerrado Gold Corp
Cerrado Gold Inc. operates as a gold mining and exploration company in Argentina and Canada. The company also explores for zinc, copper, lead, tin, silver, gold, iron, and vanadium deposits. It owns 100% interests in the Minera Don Nicolas project covering an area of approximately 333,400 hectares located in the Santa Cruz province of Argentina; and the Mont Sorcier iron and vanadium project cove… Read more