Algoma Central Corporation - Asset Resilience Ratio
Algoma Central Corporation (ALC) has an Asset Resilience Ratio of 4.72% as of March 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. Explore Algoma Central Corporation strategic investment ratio to see how much of total assets are deployed in long-term investments.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2016)
This chart shows how Algoma Central Corporation's Asset Resilience Ratio has changed over time. See Algoma Central Corporation (ALC) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets Composition Over Time
This chart breaks down Algoma Central Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see total assets of Algoma Central Corporation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$65.66 Million | 4.72% |
| Total Liquid Assets | CA$65.66 Million | 4.72% |
Asset Resilience Insights
- Limited Liquidity: Algoma Central Corporation maintains only 4.72% 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.
Algoma Central Corporation Industry Peers by Asset Resilience Ratio
Compare Algoma Central Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Beibuwan Port Co Ltd
SHE:000582 |
Marine Shipping | 0.00% |
|
Hafnia Ltd
OL:HAFNI |
Marine Shipping | 3.71% |
|
GZ Port
SHG:601228 |
Marine Shipping | 0.00% |
|
Westshore Terminals Investment Corp
TO:WTE |
Marine Shipping | 4.92% |
|
Himalaya Shipping Ltd
OL:HSHP |
Marine Shipping | 0.01% |
|
Xingtong Shipping Co. Ltd.
SHG:603209 |
Marine Shipping | 2.79% |
|
Shang Hai Ya Tong Co Ltd
SHG:600692 |
Marine Shipping | 0.02% |
|
Habco Trans Maritima
JK:HATM |
Marine Shipping | 4.15% |
Annual Asset Resilience Ratio for Algoma Central Corporation (2016–2016)
The table below shows the annual Asset Resilience Ratio data for Algoma Central Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2016-12-31 | 0.06% | CA$658.00K ≈ $475.99K |
CA$1.04 Billion ≈ $749.44 Million |
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About Algoma Central Corporation
Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, and Global Short Sea Shipping segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, salt, and cement and building materials, as well as … Read more