Avarone Metals Inc
Avarone Metals Inc., an exploration stage company, focuses on the acquisition, exploration, and development of resource properties in Canada. The company was formerly known as Remstar Resources Ltd. and changed its name to Avarone Metals Inc. in January 2014. Avarone Metals Inc. was incorporated in 1993 and is headquartered in Vancouver, Canada.
Avarone Metals Inc - Asset Resilience Ratio
Avarone Metals Inc (AVRTF) has an Asset Resilience Ratio of 90.91% as of July 2010. 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 (2007–2010)
This chart shows how Avarone 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 Avarone 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 | $1.65 Million | 90.91% |
| Total Liquid Assets | $1.65 Million | 90.91% |
Asset Resilience Insights
- Very High Liquidity: Avarone Metals Inc maintains exceptional liquid asset reserves at 90.91% 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.
Avarone Metals Inc Industry Peers by Asset Resilience Ratio
Compare Avarone Metals Inc'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 Avarone Metals Inc (2007–2010)
The table below shows the annual Asset Resilience Ratio data for Avarone Metals Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2010-07-31 | 90.91% | $1.65 Million | $1.82 Million | +55.77pp |
| 2009-07-31 | 35.13% | $590.00K | $1.68 Million | +26.36pp |
| 2008-07-31 | 8.77% | $200.00K | $2.28 Million | -86.44pp |
| 2007-07-31 | 95.21% | $2.68 Million | $2.81 Million | -- |