Galantas Gold Corp - Asset Resilience Ratio
Galantas Gold Corp (GAL) has an Asset Resilience Ratio of 0.04% as of September 2004. 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 how strategically is Galantas Gold Corp's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2003)
This chart shows how Galantas Gold Corp's Asset Resilience Ratio has changed over time. See how leveraged is Galantas Gold Corp's balance sheet to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Galantas Gold Corp'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 Galantas Gold Corp market cap and net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$2.08K | 0.04% |
| Total Liquid Assets | CA$2.08K | 0.04% |
Asset Resilience Insights
- Limited Liquidity: Galantas Gold Corp maintains only 0.04% 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.
Galantas Gold Corp Industry Peers by Asset Resilience Ratio
Compare Galantas Gold Corp'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 Galantas Gold Corp (2002–2003)
The table below shows the annual Asset Resilience Ratio data for Galantas Gold Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2003-12-31 | 0.03% | CA$2.10K ≈ $1.52K |
CA$6.17 Million ≈ $4.46 Million |
-0.01pp |
| 2002-12-31 | 0.04% | CA$2.31K ≈ $1.67K |
CA$5.54 Million ≈ $4.01 Million |
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About Galantas Gold Corp
Galantas Gold Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, zinc, copper, and lead deposits. The company owns and operates the Omagh Gold Project, which covers an area of 189 square kilometers located in Northern Ireland. It also has an option agreement to acquire a 100% interest in the Gairloch Project, covering 217 squa… Read more