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. Check Durango Resources Inc. strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2018)
This chart shows how Durango Resources Inc.'s Asset Resilience Ratio has changed over time. See DGO net asset quality score to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see DGO market cap.
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 |
|---|---|---|
|
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 Durango Resources Inc. (2012–2018)
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.