Atlas Lithium Corporation Common Stock

NASDAQ:ATLX USA Other Industrial Metals & Mining
Market Cap
$128.79 Million
Market Cap Rank
#18911 Global
#6993 in USA
Share Price
$4.85
Change (1 day)
-0.41%
52-Week Range
$3.68 - $7.45
All Time High
$75.00
About

Atlas Lithium Corporation operates as a mineral exploration and development company in Brazil. It operates the Minas Gerais lithium project that consists of 85 mineral rights covering an area of 468 km2 located in northeastern Minas Gerais, Brazil; and Northeastern Brazil lithium project, which consists of 7 mineral rights covering an area of 71 km2 located in the States of Paraíba, Rio Grande d… Read more

Atlas Lithium Corporation Common Stock - Asset Resilience Ratio

Latest as of September 2023: 0.24%

Atlas Lithium Corporation Common Stock (ATLX) has an Asset Resilience Ratio of 0.24% as of September 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.

Liquid Assets
$68.75K
Cash + Short-term Investments
Total Assets
$29.13 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2014–2022)

This chart shows how Atlas Lithium Corporation Common Stock's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Atlas Lithium Corporation Common Stock'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 $0.00 0%
Short-term Investments $68.75K 0.24%
Total Liquid Assets $68.75K 0.24%

Asset Resilience Insights

  • Limited Liquidity: Atlas Lithium Corporation Common Stock maintains only 0.24% 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.

Atlas Lithium Corporation Common Stock Industry Peers by Asset Resilience Ratio

Compare Atlas Lithium Corporation Common Stock's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Galileo Resources Plc
LSE:GLR
Other Industrial Metals & Mining 0.13%
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%
Huludao Zinc Industry Co Ltd
SHE:000751
Other Industrial Metals & Mining 0.01%

Annual Asset Resilience Ratio for Atlas Lithium Corporation Common Stock (2014–2022)

The table below shows the annual Asset Resilience Ratio data for Atlas Lithium Corporation Common Stock.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 0.83% $47.09K $5.68 Million -0.27pp
2021-12-31 1.10% $17.25K $1.56 Million +0.64pp
2019-12-31 0.47% $4.78K $1.03 Million +0.13pp
2017-12-31 0.33% $4.29K $1.29 Million -4.65pp
2014-12-31 4.98% $67.30K $1.35 Million --
pp = percentage points