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. Check E2Gold Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2022)
This chart shows how E2Gold Inc's Asset Resilience Ratio has changed over time. See net asset quality index of E2Gold Inc to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see market value of E2Gold Inc.
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 |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.00% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Coeur Mining Inc
NYSE:CDE |
Gold | 11.79% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
Annual Asset Resilience Ratio for E2Gold Inc (2021–2022)
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