Corazon Mining Ltd Asset Resilience Ratio
Corazon Mining Ltd asset resilience ratio. Corazon Mining Ltd (CZN) has an Asset Resilience Ratio of -0.15% as of June 2024. 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 CZN 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 Corazon Mining Ltd (2010–2024)
Asset resilience ratio of Corazon Mining Ltd from 2010 to 2024. This chart shows how Corazon Mining Ltd's Asset Resilience Ratio has changed over time. Read how much debt does Corazon Mining Ltd carry for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Corazon Mining Ltd'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 Corazon Mining Ltd total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$-24.00K | -0.15% |
| Total Liquid Assets | AU$-24.00K | -0.15% |
Asset Resilience Insights
- Limited Liquidity: Corazon Mining Ltd maintains only -0.15% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Corazon Mining Ltd Industry Peers by Asset Resilience Ratio
Compare Corazon Mining Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
China Molybdenum Co. Ltd
F:D7N |
Other Industrial Metals & Mining | 2.61% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Tibet Mineral Development Co Ltd
SHE:000762 |
Other Industrial Metals & Mining | 0.67% |
|
Perenti Ltd
AU:PRN |
Other Industrial Metals & Mining | 8.69% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
Corazon Mining Ltd Asset Resilience Ratio by Year (2010–2024)
Corazon Mining Ltd asset resilience ratio by year from 2010 to 2024. The table below shows the annual Asset Resilience Ratio data for Corazon Mining Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | -0.15% | AU$-24.00K ≈ $-16.98K |
AU$15.58 Million ≈ $11.02 Million |
-0.02pp |
| 2023-06-30 | -0.13% | AU$-24.00K ≈ $-16.98K |
AU$17.91 Million ≈ $12.67 Million |
-0.01pp |
| 2022-06-30 | -0.13% | AU$-24.00K ≈ $-16.98K |
AU$18.67 Million ≈ $13.21 Million |
+0.21pp |
| 2021-06-30 | -0.34% | AU$-24.00K ≈ $-16.98K |
AU$7.01 Million ≈ $4.96 Million |
+0.17pp |
| 2020-06-30 | -0.52% | AU$-24.00K ≈ $-16.98K |
AU$4.65 Million ≈ $3.29 Million |
-35.61pp |
| 2010-06-30 | 35.09% | AU$600.00K ≈ $424.54K |
AU$1.71 Million ≈ $1.21 Million |
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About Corazon Mining Ltd
Corazon Mining Limited engages in the exploration of mineral resources and development of mining activities in Australia and Canada. The company primarily explores for nickel, cobalt, copper, gold, lithium, and base and precious metal deposits. Its flagship projects include the 100% owned Lynn Lake Nickel-Copper-Cobalt Sulphide project located in Manitoba, Canada; the Miriam Nickel Sulphide and L… Read more