Fortune Minerals Limited
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories and Lamont County consists of 76.78 acre… Read more
Fortune Minerals Limited - Asset Resilience Ratio
Fortune Minerals Limited (FTMDF) has an Asset Resilience Ratio of 0.00% as of June 2019. 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 (1996–2018)
This chart shows how Fortune Minerals Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Fortune Minerals Limited'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 | $0.00 | 0% |
| Total Liquid Assets | $0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Fortune Minerals Limited maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Fortune Minerals Limited Industry Peers by Asset Resilience Ratio
Compare Fortune Minerals Limited'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 Fortune Minerals Limited (1996–2018)
The table below shows the annual Asset Resilience Ratio data for Fortune Minerals Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 0.00% | $0.00 | $78.33 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $79.60 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $69.13 Million | -- |
| 2015-12-31 | 0.04% | $25.00K | $67.96 Million | -- |
| 2014-12-31 | 0.00% | $0.00 | $181.91 Million | -- |
| 2013-12-31 | 0.00% | $0.00 | $114.49 Million | -- |
| 2012-12-31 | 0.00% | $0.00 | $149.57 Million | -- |
| 2011-12-31 | 0.00% | $0.00 | $156.05 Million | -- |
| 2010-12-31 | 0.00% | $0.00 | $127.92 Million | -- |
| 2009-12-31 | 2.07% | $2.57 Million | $123.73 Million | -- |
| 2008-12-31 | 0.00% | $0.00 | $99.29 Million | -- |
| 2007-12-31 | 0.00% | $0.00 | $90.35 Million | -- |
| 2006-12-31 | 0.44% | $267.87K | $60.24 Million | -0.12pp |
| 2005-12-31 | 0.56% | $267.87K | $47.85 Million | -0.10pp |
| 2004-12-31 | 0.66% | $268.87K | $40.45 Million | -6.52pp |
| 2003-12-31 | 7.19% | $1.27 Million | $17.66 Million | +3.47pp |
| 2002-12-31 | 3.71% | $470.00K | $12.65 Million | -4.44pp |
| 2001-12-31 | 8.15% | $949.94K | $11.66 Million | -14.47pp |
| 2000-12-31 | 22.61% | $2.71 Million | $11.98 Million | -4.21pp |
| 1999-12-31 | 26.83% | $3.30 Million | $12.30 Million | +19.81pp |
| 1998-12-31 | 7.02% | $800.00K | $11.40 Million | -25.13pp |
| 1997-12-31 | 32.14% | $2.70 Million | $8.40 Million | -9.68pp |
| 1996-12-31 | 41.82% | $2.30 Million | $5.50 Million | -- |