O3 Mining Inc
O3 Mining Inc. engages in the acquisition, exploration, and development of precious metal resource properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Marban Alliance property with 65 mining claims covering 2,189 hectares located in the western portion of the province of Québec, Canada. The company is headquartered in Toronto, Canada. As of March 1… Read more
O3 Mining Inc - Asset Resilience Ratio
O3 Mining Inc (OIIIF) has an Asset Resilience Ratio of 8.05% as of September 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 (2019–2023)
This chart shows how O3 Mining 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 O3 Mining 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 | $21.90 Million | 8.05% |
| Total Liquid Assets | $21.90 Million | 8.05% |
Asset Resilience Insights
- Limited Liquidity: O3 Mining Inc maintains only 8.05% 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.
O3 Mining Inc Industry Peers by Asset Resilience Ratio
Compare O3 Mining Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF |
Other Industrial Metals & Mining | 0.00% |
|
Napier Ventures Inc
PINK:NPRVF |
Other Industrial Metals & Mining | 0.00% |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 |
Other Industrial Metals & Mining | 1.58% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
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% |
Annual Asset Resilience Ratio for O3 Mining Inc (2019–2023)
The table below shows the annual Asset Resilience Ratio data for O3 Mining Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 2.64% | $6.90 Million | $261.89 Million | -0.27pp |
| 2022-12-31 | 2.91% | $7.83 Million | $269.54 Million | -1.64pp |
| 2021-12-31 | 4.55% | $11.91 Million | $261.99 Million | -4.47pp |
| 2020-12-31 | 9.02% | $19.04 Million | $211.05 Million | +2.97pp |
| 2019-12-31 | 6.05% | $10.17 Million | $168.04 Million | -- |