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 liquid is Desert Gold Ventures Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2022)
This chart shows how Desert Gold Ventures Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Desert Gold Ventures Inc balance sheet assets.
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. Explore DAU long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
China Northern Rare Earth Group High-Tech Co Ltd
SHG:600111 |
Other Industrial Metals & Mining | 1.13% |
|
Fortescue Ltd
AU:FMG |
Other Industrial Metals & Mining | 15.12% |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962 |
Other Industrial Metals & Mining | -0.30% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 28.52% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Guangdong Xianglu Tungsten Co Ltd
SHE:002842 |
Other Industrial Metals & Mining | 0.01% |
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 |
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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.