Sanatana Resources Asset Resilience Ratio
Sanatana Resources asset resilience ratio. Sanatana Resources (STA) has an Asset Resilience Ratio of 1.88% as of March 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 STA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Sanatana Resources (2021–2023)
Asset resilience ratio of Sanatana Resources from 2021 to 2023. This chart shows how Sanatana Resources's Asset Resilience Ratio has changed over time. Read Sanatana Resources (STA) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Sanatana Resources'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 how large is Sanatana Resources's balance sheet.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$88.00K | 1.88% |
| Total Liquid Assets | CA$88.00K | 1.88% |
Asset Resilience Insights
- Limited Liquidity: Sanatana Resources maintains only 1.88% 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.
Sanatana Resources Industry Peers by Asset Resilience Ratio
Compare Sanatana Resources's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Contango ORE Inc
NYSE MKT:CTGO |
Gold | 0.00% |
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.03% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
De Grey Mining Ltd
AU:DEG |
Gold | 57.44% |
Sanatana Resources Asset Resilience Ratio by Year (2021–2023)
Sanatana Resources asset resilience ratio by year from 2021 to 2023. The table below shows the annual Asset Resilience Ratio data for Sanatana Resources.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-03-31 | 1.88% | CA$88.00K ≈ $63.66K |
CA$4.67 Million ≈ $3.38 Million |
-26.06pp |
| 2022-03-31 | 27.95% | CA$1.40 Million ≈ $1.02 Million |
CA$5.03 Million ≈ $3.64 Million |
+6.00pp |
| 2021-03-31 | 21.95% | CA$1.41 Million ≈ $1.02 Million |
CA$6.42 Million ≈ $4.64 Million |
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About Sanatana Resources
Sanatana Resources Inc., a mineral exploration and development company, focuses on properties in Canada. It holds interests in the Gold Strike One Project located in Yukon and the Abitibi Property located in Quebec. It also holds interest in a copper gold porphyry project in British Colombia. The company is based in Vancouver, Canada.