Precipitate Gold Corp Asset Resilience Ratio
Precipitate Gold Corp asset resilience ratio. Precipitate Gold Corp (PRG) has an Asset Resilience Ratio of 65.28% 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 defensive interval ratio of Precipitate Gold Corp to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Precipitate Gold Corp (2017–2022)
Asset resilience ratio of Precipitate Gold Corp from 2017 to 2022. This chart shows how Precipitate Gold Corp's Asset Resilience Ratio has changed over time. Read Precipitate Gold Corp total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Precipitate Gold 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 Precipitate Gold Corp total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$3.98 Million | 65.28% |
| Total Liquid Assets | CA$3.98 Million | 65.28% |
Asset Resilience Insights
- Very High Liquidity: Precipitate Gold Corp maintains exceptional liquid asset reserves at 65.28% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Precipitate Gold Corp Industry Peers by Asset Resilience Ratio
Compare Precipitate Gold Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
Precipitate Gold Corp Asset Resilience Ratio by Year (2017–2022)
Precipitate Gold Corp asset resilience ratio by year from 2017 to 2022. The table below shows the annual Asset Resilience Ratio data for Precipitate Gold Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-11-30 | 0.04% | CA$3.00K ≈ $2.17K |
CA$8.00 Million ≈ $5.79 Million |
-0.20pp |
| 2021-11-30 | 0.24% | CA$6.00K ≈ $4.34K |
CA$2.51 Million ≈ $1.81 Million |
-0.65pp |
| 2020-11-30 | 0.89% | CA$31.00K ≈ $22.42K |
CA$3.48 Million ≈ $2.52 Million |
-0.62pp |
| 2019-11-30 | 1.51% | CA$51.00K ≈ $36.89K |
CA$3.37 Million ≈ $2.44 Million |
-- |
| 2018-11-30 | 0.00% | CA$0.00 ≈ $0.00 |
CA$1.77 Million ≈ $1.28 Million |
-- |
| 2017-11-30 | 0.88% | CA$22.00K ≈ $15.91K |
CA$2.51 Million ≈ $1.82 Million |
-- |
About Precipitate Gold Corp
Precipitate Gold Corp. engages in the acquisition and exploration, exploitation, and development of mineral resources in Canada and the Dominican Republic. The company explores for gold and base metal deposits. It primarily holds 100% interests in the Juan de Herrera project covering an area of approximately 12,706 hectares; the Pueblo Grande project that consists of single contiguous claim block… Read more