Rio2 Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.04%

Rio2 Ltd (RIO) has an Asset Resilience Ratio of 0.04% as of September 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. Read RIO total debt and obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CA$46.00K
≈ $33.28K USD Cash + Short-term Investments

Total Assets

CA$120.04 Million
≈ $86.83 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2023)

This chart shows how Rio2 Ltd's Asset Resilience Ratio has changed over time. See Rio2 Ltd shareholders equity for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Rio2 Ltd'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 Rio2 Ltd market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$46.00K 0.04%
Total Liquid Assets CA$46.00K 0.04%

Asset Resilience Insights

  • Limited Liquidity: Rio2 Ltd maintains only 0.04% 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.

Rio2 Ltd Industry Peers by Asset Resilience Ratio

Compare Rio2 Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Barrick Gold Corp
TO:ABX
Gold 13.03%
New Gold Inc
TO:NGD
Gold 0.04%
Franco-Nevada Corporation
TO:FNV
Gold 2.88%
Kinross Gold Corp
TO:K
Gold 9.89%
Pan American Silver Corp
TO:PAAS
Gold 13.56%
Alamos Gold Inc
TO:AGI
Gold 8.52%
OceanaGold Corporation
TO:OGC
Gold 11.64%
Genesis Minerals Ltd
AU:GMD
Gold 0.15%

Annual Asset Resilience Ratio for Rio2 Ltd (2017–2023)

The table below shows the annual Asset Resilience Ratio data for Rio2 Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.04% CA$60.66K
≈ $43.88K
CA$142.96 Million
≈ $103.42 Million
+0.00pp
2022-12-31 0.04% CA$46.00K
≈ $33.28K
CA$115.06 Million
≈ $83.23 Million
-0.01pp
2021-12-31 0.05% CA$46.00K
≈ $33.28K
CA$95.70 Million
≈ $69.22 Million
-1.08pp
2020-12-31 1.13% CA$830.14K
≈ $600.51K
CA$73.49 Million
≈ $53.16 Million
-13.82pp
2019-12-31 14.95% CA$10.76 Million
≈ $7.79 Million
CA$72.00 Million
≈ $52.09 Million
--
2018-12-31 0.00% CA$0.00
≈ $0.00
CA$52.26 Million
≈ $37.80 Million
--
2017-12-31 70.44% CA$3.18 Million
≈ $2.30 Million
CA$4.52 Million
≈ $3.27 Million
--
pp = percentage points

About Rio2 Ltd

V:RIO Canada Gold
Market Cap
$566.25 Million
CA$782.78 Million CAD
Market Cap Rank
#11898 Global
#339 in Canada
Share Price
CA$1.83
Change (1 day)
+0.55%
52-Week Range
CA$0.98 - CA$1.83
All Time High
CA$2.85
About

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. Its principal project holds 100% interests in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.