Romios Gold Resources Inc. - Asset Resilience Ratio
Romios Gold Resources Inc. (RG) has an Asset Resilience Ratio of 8.16% as of December 2023. 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 how strategically is Romios Gold Resources Inc.'s equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2023)
This chart shows how Romios Gold Resources Inc.'s Asset Resilience Ratio has changed over time. See RG net asset quality score to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Romios Gold Resources Inc.'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 Romios Gold Resources Inc. (RG) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$84.78K | 8.16% |
| Total Liquid Assets | CA$84.78K | 8.16% |
Asset Resilience Insights
- Limited Liquidity: Romios Gold Resources Inc. maintains only 8.16% 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.
Romios Gold Resources Inc. Industry Peers by Asset Resilience Ratio
Compare Romios Gold Resources Inc.'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 Romios Gold Resources Inc. (2018–2023)
The table below shows the annual Asset Resilience Ratio data for Romios Gold Resources Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 28.71% | CA$399.24K ≈ $288.80K |
CA$1.39 Million ≈ $1.01 Million |
-20.14pp |
| 2022-06-30 | 48.86% | CA$1.79 Million ≈ $1.30 Million |
CA$3.67 Million ≈ $2.65 Million |
+9.15pp |
| 2021-06-30 | 39.71% | CA$1.53 Million ≈ $1.11 Million |
CA$3.86 Million ≈ $2.79 Million |
+23.10pp |
| 2020-06-30 | 16.61% | CA$487.79K ≈ $352.86K |
CA$2.94 Million ≈ $2.12 Million |
-14.76pp |
| 2019-06-30 | 31.37% | CA$1.63 Million ≈ $1.18 Million |
CA$5.20 Million ≈ $3.76 Million |
+21.74pp |
| 2018-06-30 | 9.64% | CA$485.03K ≈ $350.87K |
CA$5.03 Million ≈ $3.64 Million |
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About Romios Gold Resources Inc.
Oreterra Metals Corp. operates as a mineral exploration company focused on copper-gold and gold projects in North American and Canada mining jurisdictions. It explores for gold, silver, copper, antimony, zinc, and lead deposits. The company's flagship properties consist of the 100% owned Trek property that includes an area of approximately 6,379 hectares and two GCMC blocks totaling 8 claims loca… Read more