Scorpio Gold Corp - Asset Resilience Ratio
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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2022)
This chart shows how Scorpio Gold Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
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.
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 |
|---|---|---|
|
Asante Gold Corporation
F:1A9 |
Gold | 0.23% |
|
Yukon Metals Corp.
F:E770 |
Gold | 27.36% |
|
Alamos Gold Inc
NYSE:AGI |
Gold | 0.77% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
|
American Pacific Mining Corp
F:1QC1 |
Gold | 0.00% |
|
Rio2 Limited
F:1SB |
Gold | 0.04% |
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 | CA$14.45 Million | +2.58pp |
| 2021-12-31 | 70.74% | CA$9.75 Million | CA$13.79 Million | +70.73pp |
| 2015-12-31 | 0.00% | CA$1.00K | CA$27.45 Million | -12.85pp |
| 2014-12-31 | 12.86% | CA$5.26 Million | CA$40.94 Million | +12.85pp |
| 2013-12-31 | 0.00% | CA$3.00K | CA$76.55 Million | -- |
About Scorpio Gold Corp
Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. The company explores for gold deposits. Its flagship property is the 100% owned Manhattan project, which comprises the Goldwedge Mine, the Kinross Manhattan properties, and the Keystone and Jumbo deposits covering an area of 6,071… Read more