Palisades Goldcorp Ltd. - Asset Resilience Ratio

Latest as of June 2024: 2.86%

Palisades Goldcorp Ltd. (PALI) has an Asset Resilience Ratio of 2.86% as of June 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.

Liquid Assets

CA$4.99 Million
Cash + Short-term Investments

Total Assets

CA$174.72 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2022)

This chart shows how Palisades Goldcorp Ltd.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Palisades Goldcorp Ltd.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$4.99 Million 2.86%
Total Liquid Assets CA$4.99 Million 2.86%

Asset Resilience Insights

  • Limited Liquidity: Palisades Goldcorp Ltd. maintains only 2.86% 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.

Palisades Goldcorp Ltd. Industry Peers by Asset Resilience Ratio

Compare Palisades Goldcorp Ltd.'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Resource Base Ltd
AU:RBX
Gold 44.13%
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
Gold 4.22%
Bahvest Resources Bhd
KLSE:0098
Gold 31.41%
Asante Gold Corporation
F:1A9
Gold 0.23%
American Pacific Mining Corp
F:1QC1
Gold 0.00%
Rio2 Limited
F:1SB
Gold 0.04%
AIS Resources Ltd
V:AIS
Gold 97.35%

Annual Asset Resilience Ratio for Palisades Goldcorp Ltd. (2021–2022)

The table below shows the annual Asset Resilience Ratio data for Palisades Goldcorp Ltd..

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 6.35% CA$18.05 Million CA$284.09 Million -10.27pp
2021-12-31 16.63% CA$88.88 Million CA$534.60 Million --
pp = percentage points

About Palisades Goldcorp Ltd.

V:PALI Canada Gold
Market Cap
$121.25 Million
CA$167.62 Million CAD
Market Cap Rank
#20082 Global
#481 in Canada
Share Price
CA$2.60
Change (1 day)
+6.12%
52-Week Range
CA$0.86 - CA$3.44
All Time High
CA$3.73
About

Palisades Goldcorp Ltd., a resource investment company and merchant bank, focuses on investing in junior companies in the resource and mining sector. The company was incorporated in 2019 and is based in Vancouver, Canada.