Scorpio Gold Corp Asset Resilience Ratio
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. See Scorpio Gold Corp (SGN) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Scorpio Gold Corp (2013–2022)
Asset resilience ratio of Scorpio Gold Corp from 2013 to 2022. This chart shows how Scorpio Gold Corp's Asset Resilience Ratio has changed over time. Read Scorpio Gold Corp (SGN) total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Scorpio Gold Corp assets under control.
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 |
|---|---|---|
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
Scorpio Gold Corp Asset Resilience Ratio by Year (2013–2022)
Scorpio Gold Corp asset resilience ratio by year from 2013 to 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 |
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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