E2Gold Inc Asset Resilience Ratio
E2Gold Inc asset resilience ratio. E2Gold Inc (ETU) has an Asset Resilience Ratio of 3.47% as of October 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 operational self-sufficiency of E2Gold Inc to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of E2Gold Inc (2021–2022)
Asset resilience ratio of E2Gold Inc from 2021 to 2022. This chart shows how E2Gold Inc's Asset Resilience Ratio has changed over time. Read ETU current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down E2Gold 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 E2Gold Inc balance sheet assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$60.00K | 3.47% |
| Total Liquid Assets | CA$60.00K | 3.47% |
Asset Resilience Insights
- Limited Liquidity: E2Gold Inc maintains only 3.47% 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.
E2Gold Inc Industry Peers by Asset Resilience Ratio
Compare E2Gold Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Contango ORE Inc
NYSE MKT:CTGO |
Gold | 0.00% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Lundin Gold Inc
TO:LUG |
Gold | 0.00% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
|
Predictive Discovery Ltd
AU:PDI |
Gold | 0.00% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
B2Gold Corp
TO:BTO |
Gold | 0.04% |
E2Gold Inc Asset Resilience Ratio by Year (2021–2022)
E2Gold Inc asset resilience ratio by year from 2021 to 2022. The table below shows the annual Asset Resilience Ratio data for E2Gold Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-07-31 | 2.20% | CA$60.00K ≈ $43.40K |
CA$2.73 Million ≈ $1.97 Million |
+1.56pp |
| 2021-07-31 | 0.64% | CA$40.00K ≈ $28.94K |
CA$6.26 Million ≈ $4.53 Million |
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About E2Gold Inc
E2Gold Inc., a junior exploration company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. The company explores for gold, precious metals, and other minerals and metals. Its flagship project is the Hawkins Gold Property that consist of 3,310 claims covering an area of approximately 701 square kilometers located in the north central Ontario, Ca… Read more