SilverCrest Metals Inc
SilverCrest Metals Inc. engages in the acquiring, exploration, and development of precious metal properties in Mexico. The company primarily explores for silver and gold properties. Its focuses on principal property the Las Chispas Mine that consists of 28 concessions totaling of approximately 1,401 hectares located in Sonora, Mexico, as well as operates a portfolio of El Picacho, Cruz de Mayo, a… Read more
SilverCrest Metals Inc - Asset Resilience Ratio
SilverCrest Metals Inc (SILV) has an Asset Resilience Ratio of 4.82% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2023)
This chart shows how SilverCrest Metals Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down SilverCrest Metals Inc'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 | $24.02 Million | 4.82% |
| Total Liquid Assets | $24.02 Million | 4.82% |
Asset Resilience Insights
- Limited Liquidity: SilverCrest Metals Inc maintains only 4.82% 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.
SilverCrest Metals Inc Industry Peers by Asset Resilience Ratio
Compare SilverCrest Metals Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Artemis Gold Inc
PINK:ARGTF |
Other Precious Metals & Mining | 0.00% |
|
American Sierra Gold Corp
PINK:AMNP |
Other Precious Metals & Mining | 10.00% |
|
Zhongrun Resources Investment
SHE:000506 |
Other Precious Metals & Mining | 0.23% |
|
Yintai Resources Co Ltd
SHE:000975 |
Other Precious Metals & Mining | 7.47% |
|
1AH
F:1AH |
Other Precious Metals & Mining | 27.92% |
|
29METALS Ltd
AU:29M |
Other Precious Metals & Mining | 0.00% |
|
China Silver Group Limited
F:2CS |
Other Precious Metals & Mining | 1.61% |
|
5YY0
F:5YY0 |
Other Precious Metals & Mining | 11.04% |
Annual Asset Resilience Ratio for SilverCrest Metals Inc (2015–2023)
The table below shows the annual Asset Resilience Ratio data for SilverCrest Metals Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 4.17% | $19.09 Million | $457.82 Million | -- |
| 2019-12-31 | 0.00% | $0.00 | $98.01 Million | -- |
| 2018-12-31 | 0.00% | $0.00 | $59.79 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $21.39 Million | -- |
| 2016-12-31 | 22.38% | $2.98 Million | $13.30 Million | -2.21pp |
| 2015-12-31 | 24.59% | $1.44 Million | $5.86 Million | -- |