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. Check GER capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2022)
This chart shows how Glen Eagle Resources Inc's Asset Resilience Ratio has changed over time. See Glen Eagle Resources Inc (GER) balance sheet quality index to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see Glen Eagle Resources Inc (GER) market capitalisation.
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 |
|---|---|---|
|
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 Glen Eagle Resources Inc (2002–2022)
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