Glen Eagle Resources Inc - Asset Resilience Ratio

Latest as of September 2023: 1.65%

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 current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$51.79K
≈ $37.46K USD Cash + Short-term Investments

Total Assets

CA$3.13 Million
≈ $2.26 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2002–2022)

This chart shows how Glen Eagle Resources Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Glen Eagle Resources Inc balance sheet assets.

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. Explore how much of Glen Eagle Resources Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.

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
RIO Tinto Ltd
AU:RIO
Other Industrial Metals & Mining 0.45%
Fortescue Ltd
AU:FMG
Other Industrial Metals & Mining 15.12%
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
Other Industrial Metals & Mining -0.30%
Pilbara Minerals Ltd
AU:PLS
Other Industrial Metals & Mining 17.93%
Chengtun Mining Group Co Ltd
SHG:600711
Other Industrial Metals & Mining 0.91%
JCHX Mining Management Co Ltd
SHG:603979
Other Industrial Metals & Mining 0.02%
Nickel Industries Ltd
AU:NIC
Other Industrial Metals & Mining 7.58%
Liontown Resources Ltd
AU:LTR
Other Industrial Metals & Mining 22.16%

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
--
pp = percentage points

About Glen Eagle Resources Inc

V:GER Canada Other Industrial Metals & Mining
Market Cap
$1.04 Million
CA$1.43 Million CAD
Market Cap Rank
#30882 Global
#1615 in Canada
Share Price
CA$0.01
Change (1 day)
+0.00%
52-Week Range
CA$0.01 - CA$0.01
All Time High
CA$0.30
About

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