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.
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. Compare with other companies' asset resilience ratios.
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.
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 |
|---|---|---|
|
Sama Resources Inc.
V:SME |
Other Industrial Metals & Mining | 10.09% |
|
Transition Metals Corp
V:XTM |
Other Industrial Metals & Mining | 68.12% |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 |
Other Industrial Metals & Mining | 1.58% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 4.86% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.00% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758 |
Other Industrial Metals & Mining | 1.13% |
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 | CA$3.92 Million | -49.99pp |
| 2020-12-31 | 50.49% | CA$4.02 Million | CA$7.97 Million | +33.96pp |
| 2019-12-31 | 16.53% | CA$773.25K | CA$4.68 Million | +16.05pp |
| 2018-12-31 | 0.48% | CA$19.62K | CA$4.10 Million | -44.58pp |
| 2017-12-31 | 45.06% | CA$2.76 Million | CA$6.13 Million | +43.68pp |
| 2016-12-31 | 1.38% | CA$63.80K | CA$4.63 Million | +0.84pp |
| 2015-12-31 | 0.54% | CA$17.25K | CA$3.19 Million | -- |
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, molybdenum, and tungsten deposits. Its flagship project is the 100% owned Freegold Mountain project comprising Tinta Hill property, Freegold property, Goldstar prope… Read more