Durango Resources Inc. Asset Resilience Ratio
Durango Resources Inc. asset resilience ratio. Durango Resources Inc. (DGO) has an Asset Resilience Ratio of 5.73% as of April 2019. 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 Durango Resources Inc. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Durango Resources Inc. (2012–2018)
Asset resilience ratio of Durango Resources Inc. from 2012 to 2018. This chart shows how Durango Resources Inc.'s Asset Resilience Ratio has changed over time. Read DGO current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Durango Resources 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 DGO asset base.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$160.22K | 5.73% |
| Total Liquid Assets | CA$160.22K | 5.73% |
Asset Resilience Insights
- Limited Liquidity: Durango Resources Inc. maintains only 5.73% 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.
Durango Resources Inc. Industry Peers by Asset Resilience Ratio
Compare Durango Resources 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% |
Durango Resources Inc. Asset Resilience Ratio by Year (2012–2018)
Durango Resources Inc. asset resilience ratio by year from 2012 to 2018. The table below shows the annual Asset Resilience Ratio data for Durango Resources Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-07-31 | 18.62% | CA$576.00K ≈ $416.67K |
CA$3.09 Million ≈ $2.24 Million |
-2.49pp |
| 2017-07-31 | 21.11% | CA$652.50K ≈ $472.01K |
CA$3.09 Million ≈ $2.24 Million |
+20.21pp |
| 2012-07-31 | 0.90% | CA$18.00K ≈ $13.02K |
CA$1.99 Million ≈ $1.44 Million |
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About Durango Resources Inc.
Durango Resources Inc. engages in the acquisition and exploration of precious and base mineral resource properties in Canada. It explores in antimony, rare earth, and copper deposits. The company was formerly known as Atocha Resources Inc. and changed its name to Durango Resources Inc. in February 2013. Durango Resources Inc. was incorporated in 2006 and is headquartered in Richmond, Canada.