GGL Resources Corp Asset Resilience Ratio
GGL Resources Corp asset resilience ratio. GGL Resources Corp (GGL) has an Asset Resilience Ratio of 0.00% as of November 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. Read debt load of GGL Resources Corp for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of GGL Resources Corp (2016–2022)
Asset resilience ratio of GGL Resources Corp from 2016 to 2022. This chart shows how GGL Resources Corp's Asset Resilience Ratio has changed over time. See GGL cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down GGL Resources Corp'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 GGL asset base.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: GGL Resources Corp maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
GGL Resources Corp Industry Peers by Asset Resilience Ratio
Compare GGL Resources Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Valterra Platinum Limited
JSE:VAL |
Other Precious Metals & Mining | 9.40% |
|
Zimplats Holdings Ltd
AU:ZIM |
Other Precious Metals & Mining | 0.43% |
|
Tharisa plc
JSE:THA |
Other Precious Metals & Mining | 0.01% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
Antipa Minerals Ltd
AU:AZY |
Other Precious Metals & Mining | 36.40% |
|
Challenger Gold Ltd
AU:CEL |
Other Precious Metals & Mining | 21.01% |
|
Medallion Metals Ltd
AU:MM8 |
Other Precious Metals & Mining | 32.46% |
|
Midas Minerals Ltd
AU:MM1 |
Other Precious Metals & Mining | 1.07% |
GGL Resources Corp Asset Resilience Ratio by Year (2016–2022)
GGL Resources Corp asset resilience ratio by year from 2016 to 2022. The table below shows the annual Asset Resilience Ratio data for GGL Resources Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-11-30 | 0.00% | CA$0.00 ≈ $0.00 |
CA$5.41 Million ≈ $3.91 Million |
-- |
| 2021-11-30 | 0.00% | CA$1.00 ≈ $0.72 |
CA$4.65 Million ≈ $3.37 Million |
+0.00pp |
| 2020-11-30 | 0.00% | CA$1.00 ≈ $0.72 |
CA$4.84 Million ≈ $3.50 Million |
0.00pp |
| 2019-11-30 | 0.00% | CA$1.00 ≈ $0.72 |
CA$2.41 Million ≈ $1.74 Million |
-3.45pp |
| 2018-11-30 | 3.45% | CA$95.00K ≈ $68.72K |
CA$2.75 Million ≈ $1.99 Million |
-1.31pp |
| 2017-11-30 | 4.76% | CA$155.00K ≈ $112.13K |
CA$3.25 Million ≈ $2.35 Million |
+4.76pp |
| 2016-11-30 | 0.00% | CA$1.00 ≈ $0.72 |
CA$2.13 Million ≈ $1.54 Million |
-- |
About GGL Resources Corp
GGL Resources Corp. engages in the acquisition, exploration, and evaluation of mineral properties. It explores for gold, copper, and silver deposits, as well as diamonds. The company holds interests in the McConnell Creek project located in the Omineca mining division of British Columbia. It also holds an option to acquire interests in Gold Point project located in Nevada; and the Stein diamond p… Read more