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. Check asset allocation strategy of Precipitate Gold Corp to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2022)
This chart shows how Precipitate Gold Corp's Asset Resilience Ratio has changed over time. See PRG net asset quality score to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see Precipitate Gold Corp (PRG) market capitalisation.
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 |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.00% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Coeur Mining Inc
NYSE:CDE |
Gold | 11.79% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
Annual Asset Resilience Ratio for Precipitate Gold Corp (2017–2022)
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