Desert Gold Ventures Inc Asset Resilience Ratio
Desert Gold Ventures Inc asset resilience ratio. 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. See how many days can Desert Gold Ventures Inc fund operations to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Desert Gold Ventures Inc (2012–2022)
Asset resilience ratio of Desert Gold Ventures Inc from 2012 to 2022. This chart shows how Desert Gold Ventures Inc's Asset Resilience Ratio has changed over time. Read DAU liabilities breakdown for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see how large is Desert Gold Ventures Inc's balance sheet.
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 |
|---|---|---|
|
BHP Group Ltd
AU:BHP |
Other Industrial Metals & Mining | 11.90% |
|
Rio Tinto Group
MX:RION |
Other Industrial Metals & Mining | 0.43% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
MP Materials Corp
NYSE:MP |
Other Industrial Metals & Mining | 27.47% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Chengtun Mining Group Co Ltd
SHG:600711 |
Other Industrial Metals & Mining | 0.91% |
Desert Gold Ventures Inc Asset Resilience Ratio by Year (2012–2022)
Desert Gold Ventures Inc asset resilience ratio by year from 2012 to 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 |
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About Desert Gold Ventures Inc
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.