Desert Gold Ventures Inc - Asset Resilience Ratio

Latest as of December 2022: 4.04%

Desert Gold Ventures Inc (DAU) has an Asset Resilience Ratio of 4.04% as of December 2022. 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 Desert Gold Ventures Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$55.84K
≈ $40.40K USD Cash + Short-term Investments

Total Assets

CA$1.38 Million
≈ $999.47K USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2012–2022)

This chart shows how Desert Gold Ventures Inc's Asset Resilience Ratio has changed over time. See debt-free asset ratio of Desert Gold Ventures Inc to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Desert Gold Ventures Inc'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 market value of Desert Gold Ventures Inc.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$55.84K 4.04%
Total Liquid Assets CA$55.84K 4.04%

Asset Resilience Insights

  • Limited Liquidity: Desert Gold Ventures Inc maintains only 4.04% 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.

Desert Gold Ventures Inc Industry Peers by Asset Resilience Ratio

Compare Desert Gold Ventures Inc'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 Desert Gold Ventures Inc (2012–2022)

The table below shows the annual Asset Resilience Ratio data for Desert Gold Ventures Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 4.04% CA$55.84K
≈ $40.40K
CA$1.38 Million
≈ $999.47K
-2.36pp
2021-12-31 6.40% CA$96.94K
≈ $70.13K
CA$1.51 Million
≈ $1.10 Million
+5.23pp
2020-12-31 1.17% CA$47.12K
≈ $34.09K
CA$4.03 Million
≈ $2.92 Million
+0.57pp
2013-12-31 0.59% CA$10.75K
≈ $7.78K
CA$1.81 Million
≈ $1.31 Million
+0.30pp
2012-12-31 0.29% CA$11.57K
≈ $8.37K
CA$3.99 Million
≈ $2.88 Million
--
pp = percentage points

About Desert Gold Ventures Inc

V:DAU Canada Other Industrial Metals & Mining
Market Cap
$33.91 Million
CA$46.88 Million CAD
Market Cap Rank
#23401 Global
#864 in Canada
Share Price
CA$0.13
Change (1 day)
+0.00%
52-Week Range
CA$0.06 - CA$0.15
All Time High
CA$0.40
About

Desert Gold Ventures Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Mali. The company primarily explores for gold deposits. Its flagship project is the Senegal Mali Shear Zone project comprising an area of approximately 440 square kilometers located in western Mali. The company is headquartered in Surrey, Canada.