Sable Resources Ltd - Asset Resilience Ratio

Latest as of March 2024: 0.29%

Sable Resources Ltd (SAE) has an Asset Resilience Ratio of 0.29% as of March 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 SAE working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$40.00K
≈ $28.94K USD Cash + Short-term Investments

Total Assets

CA$13.87 Million
≈ $10.03 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2023)

This chart shows how Sable Resources Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see SAE total assets.

Liquid Assets Composition Over Time

This chart breaks down Sable Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read SAE total debt and obligations for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$40.00K 0.29%
Total Liquid Assets CA$40.00K 0.29%

Asset Resilience Insights

  • Limited Liquidity: Sable Resources Ltd maintains only 0.29% 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.

Sable Resources Ltd Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
China Gold International Resources
TO:CGG
Other Precious Metals & Mining 11.22%
Artemis Gold Inc
V:ARTG
Other Precious Metals & Mining 0.00%
Triple Flag Precious Metals Corp
TO:TFPM
Other Precious Metals & Mining 7.79%
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
Other Precious Metals & Mining 0.84%
Aic Mines Ltd
AU:A1M
Other Precious Metals & Mining 0.01%
29METALS Ltd
AU:29M
Other Precious Metals & Mining 0.00%
Orvana Minerals Corp.
TO:ORV
Other Precious Metals & Mining 15.73%
Sierra Madre Gold and Silver Ltd
V:SM
Other Precious Metals & Mining 5.46%

Annual Asset Resilience Ratio for Sable Resources Ltd (2017–2023)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.28% CA$40.00K
≈ $28.94K
CA$14.08 Million
≈ $10.18 Million
-21.82pp
2022-12-31 22.11% CA$5.04 Million
≈ $3.65 Million
CA$22.80 Million
≈ $16.49 Million
+18.40pp
2021-12-31 3.70% CA$1.05 Million
≈ $762.96K
CA$28.47 Million
≈ $20.59 Million
-9.96pp
2020-12-31 13.66% CA$3.37 Million
≈ $2.44 Million
CA$24.66 Million
≈ $17.84 Million
+13.46pp
2019-12-31 0.20% CA$20.59K
≈ $14.89K
CA$10.34 Million
≈ $7.48 Million
-0.27pp
2018-12-31 0.47% CA$40.00K
≈ $28.94K
CA$8.51 Million
≈ $6.16 Million
-0.33pp
2017-12-31 0.80% CA$40.00K
≈ $28.94K
CA$5.02 Million
≈ $3.63 Million
--
pp = percentage points

About Sable Resources Ltd

V:SAE Canada Other Precious Metals & Mining
Market Cap
$9.73 Million
CA$13.45 Million CAD
Market Cap Rank
#27224 Global
#1130 in Canada
Share Price
CA$0.42
Change (1 day)
+0.00%
52-Week Range
CA$0.04 - CA$0.52
All Time High
CA$0.52
About

Sable Resources Ltd. is involved in the acquisition, exploration, and development of mineral resource properties in Argentina and Canada. It explores for gold, silver, copper, lead, zinc, and other deposits. The company was formerly known as Calico Silver Mines Ltd. and changed its name to Sable Resources Ltd. in 1978. Sable Resources Ltd. is based in Vancouver, Canada.