Scorpio Gold Corp - Asset Resilience Ratio

Latest as of September 2023: 75.53%

Scorpio Gold Corp (SGN) has an Asset Resilience Ratio of 75.53% as of September 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 strategic asset allocation of Scorpio Gold Corp to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$10.91 Million

≈ $7.89 Million USD Cash + Short-term Investments

Total Assets

CA$14.44 Million

≈ $10.45 Million USD All company assets

Resilience Assessment

Very High

Financial Resilience Level

Asset Resilience Ratio Trend (2013–2022)

This chart shows how Scorpio Gold Corp's Asset Resilience Ratio has changed over time. See Scorpio Gold Corp balance sheet quality to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Scorpio 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 market cap of Scorpio Gold Corp.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CA$0.00	0%
Short-term Investments	CA$10.91 Million	75.53%
Total Liquid Assets	CA$10.91 Million	75.53%

Asset Resilience Insights

Very High Liquidity: Scorpio Gold Corp maintains exceptional liquid asset reserves at 75.53% 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.

Scorpio Gold Corp Industry Peers by Asset Resilience Ratio

Compare Scorpio 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 Scorpio Gold Corp (2013–2022)

The table below shows the annual Asset Resilience Ratio data for Scorpio Gold Corp.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2022-12-31	73.32%	CA$10.59 Million ≈ $7.66 Million	CA$14.45 Million ≈ $10.45 Million	+2.58pp
2021-12-31	70.74%	CA$9.75 Million ≈ $7.06 Million	CA$13.79 Million ≈ $9.98 Million	+70.73pp
2015-12-31	0.00%	CA$1.00K ≈ $723.38	CA$27.45 Million ≈ $19.86 Million	-12.85pp
2014-12-31	12.86%	CA$5.26 Million ≈ $3.81 Million	CA$40.94 Million ≈ $29.62 Million	+12.85pp
2013-12-31	0.00%	CA$3.00K ≈ $2.17K	CA$76.55 Million ≈ $55.37 Million	--

pp = percentage points

About Scorpio Gold Corp

V:SGN Canada Gold

Market Cap

$64.79 Million

CA$89.56 Million CAD

Market Cap Rank

#20926 Global

#738 in Canada

Share Price

CA$0.34

Change (1 day)

-1.47%

52-Week Range

CA$0.17 - CA$0.60

All Time High

CA$2.52