Golden Goliath Resources Ltd. Asset Resilience Ratio
Golden Goliath Resources Ltd. asset resilience ratio. Golden Goliath Resources Ltd. (GNG) has an Asset Resilience Ratio of 0.00% as of May 2024. 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 Golden Goliath Resources Ltd. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Golden Goliath Resources Ltd. (2006–2023)
Asset resilience ratio of Golden Goliath Resources Ltd. from 2006 to 2023. This chart shows how Golden Goliath Resources Ltd.'s Asset Resilience Ratio has changed over time. Read GNG total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Golden Goliath Resources Ltd.'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 GNG current and non-current assets.
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: Golden Goliath Resources Ltd. 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.
Golden Goliath Resources Ltd. Industry Peers by Asset Resilience Ratio
Compare Golden Goliath Resources Ltd.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758 |
Other Industrial Metals & Mining | 0.52% |
|
Battery Mineral Resources Corp
V:BMR |
Other Industrial Metals & Mining | 0.61% |
|
GPM Metals Inc
V:GPM |
Other Industrial Metals & Mining | 0.03% |
|
Canadian Premium Sand Inc
V:CPS |
Other Industrial Metals & Mining | 13.16% |
|
Vantex Resources Ltd
V:VAX |
Other Industrial Metals & Mining | 0.00% |
|
East Africa Metals Inc.
V:EAM |
Other Industrial Metals & Mining | 3.39% |
|
Sparton Resources Inc
V:SRI |
Other Industrial Metals & Mining | 0.00% |
|
Trinitan Metals and Minerals
JK:PURE |
Other Industrial Metals & Mining | 0.17% |
Golden Goliath Resources Ltd. Asset Resilience Ratio by Year (2006–2023)
Golden Goliath Resources Ltd. asset resilience ratio by year from 2006 to 2023. The table below shows the annual Asset Resilience Ratio data for Golden Goliath Resources Ltd..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-08-31 | 7.57% | CA$315.14K ≈ $227.97K |
CA$4.16 Million ≈ $3.01 Million |
-12.01pp |
| 2022-08-31 | 19.58% | CA$857.52K ≈ $620.31K |
CA$4.38 Million ≈ $3.17 Million |
-15.71pp |
| 2021-08-31 | 35.29% | CA$1.70 Million ≈ $1.23 Million |
CA$4.83 Million ≈ $3.49 Million |
+16.87pp |
| 2020-08-31 | 18.41% | CA$779.02K ≈ $563.53K |
CA$4.23 Million ≈ $3.06 Million |
-30.18pp |
| 2019-08-31 | 48.59% | CA$1.01 Million ≈ $733.02K |
CA$2.09 Million ≈ $1.51 Million |
-- |
| 2016-08-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$3.07 Million ≈ $2.22 Million |
-- |
| 2015-08-31 | 0.29% | CA$10.62K ≈ $7.69K |
CA$3.66 Million ≈ $2.65 Million |
-0.05pp |
| 2014-08-31 | 0.34% | CA$12.75K ≈ $9.22K |
CA$3.70 Million ≈ $2.68 Million |
-11.10pp |
| 2013-08-31 | 11.44% | CA$832.83K ≈ $602.45K |
CA$7.28 Million ≈ $5.27 Million |
+0.51pp |
| 2012-08-31 | 10.93% | CA$999.64K ≈ $723.13K |
CA$9.15 Million ≈ $6.62 Million |
-10.09pp |
| 2011-08-31 | 21.02% | CA$2.53 Million ≈ $1.83 Million |
CA$12.02 Million ≈ $8.70 Million |
+4.89pp |
| 2010-08-31 | 16.13% | CA$1.65 Million ≈ $1.19 Million |
CA$10.23 Million ≈ $7.40 Million |
+11.20pp |
| 2009-08-31 | 4.93% | CA$405.00K ≈ $292.97K |
CA$8.22 Million ≈ $5.95 Million |
-18.78pp |
| 2008-08-31 | 23.70% | CA$2.56 Million ≈ $1.85 Million |
CA$10.80 Million ≈ $7.81 Million |
-38.35pp |
| 2007-08-31 | 62.05% | CA$6.98 Million ≈ $5.05 Million |
CA$11.25 Million ≈ $8.14 Million |
+30.13pp |
| 2006-08-31 | 31.92% | CA$1.51 Million ≈ $1.09 Million |
CA$4.74 Million ≈ $3.43 Million |
-- |
About Golden Goliath Resources Ltd.
Golden Goliath Resources Ltd. engages in the acquisition and exploration of rare earth element in Canada and Mexico. The company explores and develops gold, cerium, lantanum, neodymium, praseodymium, vanadium, and rubidium properties. It holds a 100% interest in the Wish Ore Property in the townships of 50 miles north of Sault Ste Marie, Ontario; and the KWAI property located in Red Lake, Ontario… Read more