Atlas Lithium Corporation Common Stock Asset Resilience Ratio
Atlas Lithium Corporation Common Stock asset resilience ratio. 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. See ATLX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Atlas Lithium Corporation Common Stock (2014–2022)
Asset resilience ratio of Atlas Lithium Corporation Common Stock from 2014 to 2022. This chart shows how Atlas Lithium Corporation Common Stock's Asset Resilience Ratio has changed over time. Read how much debt does Atlas Lithium Corporation Common Stock carry for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see Atlas Lithium Corporation Common Stock total assets.
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 |
|---|---|---|
|
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% |
Atlas Lithium Corporation Common Stock Asset Resilience Ratio by Year (2014–2022)
Atlas Lithium Corporation Common Stock asset resilience ratio by year from 2014 to 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 | -- |
About Atlas Lithium Corporation Common Stock
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 square kilometers located in northeastern Minas Gerais, Brazil; and Northeastern Brazil Lithium project covering an area of 71 square kilometers located in the States of Paraíba, Rio Grande do Norte, … Read more