Triumph Gold Corp - Asset Resilience Ratio
Triumph Gold Corp (TIG) has an Asset Resilience Ratio of 0.50% as of December 2021. 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 how liquid is Triumph Gold Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2021)
This chart shows how Triumph Gold Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Triumph Gold Corp assets under control.
Liquid Assets Composition Over Time
This chart breaks down Triumph Gold Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Triumph Gold Corp long-term investment allocation to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$19.56K | 0.5% |
| Total Liquid Assets | CA$19.56K | 0.50% |
Asset Resilience Insights
- Limited Liquidity: Triumph Gold Corp maintains only 0.50% 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.
Triumph Gold Corp Industry Peers by Asset Resilience Ratio
Compare Triumph Gold Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
China Northern Rare Earth Group High-Tech Co Ltd
SHG:600111 |
Other Industrial Metals & Mining | 1.13% |
|
Fortescue Ltd
AU:FMG |
Other Industrial Metals & Mining | 15.12% |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962 |
Other Industrial Metals & Mining | -0.30% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 28.52% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Guangdong Xianglu Tungsten Co Ltd
SHE:002842 |
Other Industrial Metals & Mining | 0.01% |
Annual Asset Resilience Ratio for Triumph Gold Corp (2015–2021)
The table below shows the annual Asset Resilience Ratio data for Triumph Gold Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 0.50% | CA$19.56K ≈ $14.15K |
CA$3.92 Million ≈ $2.83 Million |
-49.99pp |
| 2020-12-31 | 50.49% | CA$4.02 Million ≈ $2.91 Million |
CA$7.97 Million ≈ $5.76 Million |
+33.96pp |
| 2019-12-31 | 16.53% | CA$773.25K ≈ $559.36K |
CA$4.68 Million ≈ $3.38 Million |
+16.05pp |
| 2018-12-31 | 0.48% | CA$19.62K ≈ $14.19K |
CA$4.10 Million ≈ $2.96 Million |
-44.58pp |
| 2017-12-31 | 45.06% | CA$2.76 Million ≈ $2.00 Million |
CA$6.13 Million ≈ $4.43 Million |
+43.68pp |
| 2016-12-31 | 1.38% | CA$63.80K ≈ $46.15K |
CA$4.63 Million ≈ $3.35 Million |
+0.84pp |
| 2015-12-31 | 0.54% | CA$17.25K ≈ $12.48K |
CA$3.19 Million ≈ $2.31 Million |
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About Triumph Gold Corp
Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties in the Yukon Territory and British Columbia, Canada. The company explores for gold, silver, copper, and porphyry deposits. Its flagship project is the 100% owned Freegold Mountain project comprising Tinta Hill property, Freegold property, Goldstar property, and Gol… Read more