Glen Eagle Resources Inc Asset Resilience Ratio
Glen Eagle Resources Inc asset resilience ratio. Glen Eagle Resources Inc (GER) has an Asset Resilience Ratio of 1.65% as of September 2023. 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 Glen Eagle 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 Glen Eagle Resources Inc (2002–2022)
Asset resilience ratio of Glen Eagle Resources Inc from 2002 to 2022. This chart shows how Glen Eagle Resources Inc's Asset Resilience Ratio has changed over time. Read GER total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Glen Eagle 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 Glen Eagle Resources Inc (GER) total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$51.79K | 1.65% |
| Total Liquid Assets | CA$51.79K | 1.65% |
Asset Resilience Insights
- Limited Liquidity: Glen Eagle Resources Inc maintains only 1.65% 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.
Glen Eagle Resources Inc Industry Peers by Asset Resilience Ratio
Compare Glen Eagle 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% |
Glen Eagle Resources Inc Asset Resilience Ratio by Year (2002–2022)
Glen Eagle Resources Inc asset resilience ratio by year from 2002 to 2022. The table below shows the annual Asset Resilience Ratio data for Glen Eagle Resources Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 9.37% | CA$443.10K ≈ $320.53K |
CA$4.73 Million ≈ $3.42 Million |
+9.14pp |
| 2021-12-31 | 0.24% | CA$8.11K ≈ $5.87K |
CA$3.43 Million ≈ $2.48 Million |
-0.01pp |
| 2020-12-31 | 0.24% | CA$8.10K ≈ $5.86K |
CA$3.33 Million ≈ $2.41 Million |
+0.02pp |
| 2019-12-31 | 0.23% | CA$8.10K ≈ $5.86K |
CA$3.59 Million ≈ $2.60 Million |
+0.07pp |
| 2018-12-31 | 0.15% | CA$8.10K ≈ $5.86K |
CA$5.34 Million ≈ $3.86 Million |
-6.57pp |
| 2017-12-31 | 6.73% | CA$349.65K ≈ $252.93K |
CA$5.20 Million ≈ $3.76 Million |
-17.14pp |
| 2016-12-31 | 23.87% | CA$1.42 Million ≈ $1.02 Million |
CA$5.94 Million ≈ $4.29 Million |
+2.04pp |
| 2003-12-31 | 21.82% | CA$412.00K ≈ $298.03K |
CA$1.89 Million ≈ $1.37 Million |
+20.91pp |
| 2002-12-31 | 0.91% | CA$21.06K ≈ $15.23K |
CA$2.32 Million ≈ $1.68 Million |
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About Glen Eagle Resources Inc
Glen Eagle Resources Inc. engages in the acquisition, exploration, development, and evaluation of mining properties in Canada and Honduras. It is also involved in the recovery of gold and silver from tailings and rocks. The company holds 80% interest in Piedra Dorada mining concession located in the mining district of El Corpus in Honduras. Glen Eagle Resources Inc. was incorporated in 1988 and i… Read more