S2 Minerals Inc
FNX Inc. engages in the exploration of mineral properties in Canada. The company holds interest in the Sandy Lake property consisting of 3,225 contiguous mining cell claims that covers an area of approximately 67,604 hectares located in the north of Red Lake, northwestern Ontario. It also holds an option to acquire 100% interest in the Fort Hope project comprising 1,697 single cell mining claims … Read more
S2 Minerals Inc - Asset Resilience Ratio
S2 Minerals Inc (SMNRF) has an Asset Resilience Ratio of 0.96% as of November 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 (2021–2023)
This chart shows how S2 Minerals 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 S2 Minerals 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 | $10.00K | 0.96% |
| Total Liquid Assets | $10.00K | 0.96% |
Asset Resilience Insights
- Limited Liquidity: S2 Minerals Inc maintains only 0.96% 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.
S2 Minerals Inc Industry Peers by Asset Resilience Ratio
Compare S2 Minerals Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY |
Gold | 0.76% |
|
Gold Fields Limited
PINK:GFIOF |
Gold | 0.00% |
|
Guskin Gold Corp
PINK:GKIN |
Gold | 13.37% |
|
Mining Global Inc
PINK:MNGG |
Gold | 0.00% |
|
Matmown Inc
PINK:MTMW |
Gold | 0.00% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
Annual Asset Resilience Ratio for S2 Minerals Inc (2021–2023)
The table below shows the annual Asset Resilience Ratio data for S2 Minerals Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-05-31 | 0.81% | $10.00K | $1.23 Million | +0.27pp |
| 2022-05-31 | 0.54% | $10.00K | $1.84 Million | -- |
| 2021-05-31 | 0.00% | $0.00 | $1.22 Million | -- |