Providence Gold Mines (PHD) — Strategic Asset Allocation Index
Providence Gold Mines (PHD) has a Strategic Asset Allocation Index of 108.7% as of June 2023. Strategic assets (PP&E of CA$2.65 Million plus long-term investments of CA$-) total CA$2.65 Million, measured against net assets of CA$2.44 Million. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. Check how resilient are Providence Gold Mines's assets to evaluate the company's liquid asset resilience ratio.
SAAI
Strategic Assets
PP&E
Net Assets
Providence Gold Mines Strategic Asset Allocation Index (2013–2020)
This chart shows how Providence Gold Mines's Strategic Asset Allocation Index has evolved across 5 annual periods from 2013 to 2020. As of June 2023, the index stands at 108.7%, representing strategic assets of CA$2.65 Million against net assets of CA$2.44 Million CAD. See PHD financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Annual Strategic Asset Allocation Index for Providence Gold Mines (2013–2020)
The table below presents the year-by-year Strategic Asset Allocation Index for Providence Gold Mines from 2013 to 2020, covering 5 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. For the full company profile including market capitalisation, see Providence Gold Mines stock valuation.
| Year | SAAI | Strategic Assets (CAD) | PP&E | LT Investments | Net Assets | Change (pp) |
|---|---|---|---|---|---|---|
| 2020 | 82.6% | CA$2.37 Million | CA$2.37 Million | CA$- | CA$2.87 Million | ▼ -21.4 pp |
| 2019 | 103.9% | CA$2.04 Million | CA$2.04 Million | CA$- | CA$1.96 Million | ▲ +46.4 pp |
| 2018 | 57.5% | CA$969.25K | CA$969.25K | CA$- | CA$1.68 Million | ▼ -20.2 pp |
| 2017 | 77.8% | CA$579.40K | CA$579.40K | CA$- | CA$745.09K | ▲ +53.4 pp |
| 2013 | 24.4% | CA$140.19K | CA$140.19K | CA$- | CA$575.64K | — |