Western Atlas Resources Inc
Seasif Exploration Inc. engages in the discovery, acquisition, and development of mineral deposits in Canada. The company was formerly known as Western Atlas Resources Inc. and changed its name to Seasif Exploration Inc. in June 2024. Seasif Exploration Inc. is based in Vancouver, Canada.
Western Atlas Resources Inc - Asset Resilience Ratio
Western Atlas Resources Inc (PPZRF) has an Asset Resilience Ratio of 0.30% as of December 2023. 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 (2017–2023)
This chart shows how Western Atlas Resources 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 Western Atlas Resources 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 | $14.84K | 0.3% |
| Total Liquid Assets | $14.84K | 0.30% |
Asset Resilience Insights
- Limited Liquidity: Western Atlas Resources Inc maintains only 0.30% 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.
Western Atlas Resources Inc Industry Peers by Asset Resilience Ratio
Compare Western Atlas Resources 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 Western Atlas Resources Inc (2017–2023)
The table below shows the annual Asset Resilience Ratio data for Western Atlas Resources Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.30% | $14.84K | $5.00 Million | +0.38pp |
| 2020-12-31 | -0.08% | $-5.56K | $6.73 Million | -6.35pp |
| 2019-12-31 | 6.27% | $250.00K | $3.99 Million | +4.56pp |
| 2018-12-31 | 1.71% | $50.00K | $2.92 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $1.44 Million | -- |