Radio Fuels Energy Corp
Radio Fuels Energy Corp., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral resource properties. The company primarily explores for uranium deposits. Its flagship property is the 100% owned Eco Ridge project that comprise 371 crown cell claims and 4 mining leases covering an area of approximately 7,800 hectares located in Elliott Lake, Ontario. The … Read more
Radio Fuels Energy Corp - Asset Resilience Ratio
Radio Fuels Energy Corp (CKEFF) has an Asset Resilience Ratio of 90.48% as of August 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 (2021–2023)
This chart shows how Radio Fuels Energy Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Radio Fuels Energy Corp'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 | $25.96 Million | 90.48% |
| Total Liquid Assets | $25.96 Million | 90.48% |
Asset Resilience Insights
- Very High Liquidity: Radio Fuels Energy Corp maintains exceptional liquid asset reserves at 90.48% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Radio Fuels Energy Corp Industry Peers by Asset Resilience Ratio
Compare Radio Fuels Energy Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Basin Energy Ltd
AU:BSN |
Uranium | 8.92% |
|
Aurora Energy Metals Ltd
AU:1AE |
Uranium | 50.84% |
|
Adavale Resources Ltd
AU:ADD |
Uranium | 6970362.24% |
|
Anfield Energy Inc.
NASDAQ:AEC |
Uranium | 0.04% |
|
Aura Energy Ltd
AU:AEE |
Uranium | 18.58% |
|
Alligator Energy Ltd
AU:AGE |
Uranium | 37.93% |
|
ALX Uranium Corp
V:AL |
Uranium | 4.45% |
|
Alligator Energy Limited
PINK:ALGEF |
Uranium | 6.16% |
Annual Asset Resilience Ratio for Radio Fuels Energy Corp (2021–2023)
The table below shows the annual Asset Resilience Ratio data for Radio Fuels Energy Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-11-30 | 88.15% | $18.16 Million | $20.61 Million | +48.40pp |
| 2022-11-30 | 39.75% | $16.51 Million | $41.54 Million | +37.68pp |
| 2021-11-30 | 2.07% | $549.42K | $26.58 Million | -- |