Algoma Central Corporation - Asset Resilience Ratio

Latest as of March 2024: 4.72%

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. See working capital position of Algoma Central Corporation to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$65.66 Million

≈ $47.50 Million USD Cash + Short-term Investments

Total Assets

CA$1.39 Billion

≈ $1.01 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2016–2016)

This chart shows how Algoma Central Corporation's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see ALC total asset value.

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. Explore long-term investment intensity of Algoma Central Corporation to see how much of total assets are deployed in long-term investments.

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
Tangshan Port Group Co Ltd SHG:601000	Marine Shipping	7.70%
Westshore Terminals Investment Corp TO:WTE	Marine Shipping	4.92%
Golden Ocean Group Ltd OL:GOGL	Marine Shipping	0.00%
Dampskibsselskabet Norden AS CO:DNORD	Marine Shipping	8.63%
Global Ship Lease Inc NYSE:GSL	Marine Shipping	3.70%
Himalaya Shipping Ltd OL:HSHP	Marine Shipping	0.01%
Chongqing Gangjiu Co Ltd SHG:600279	Marine Shipping	0.01%
Xingtong Shipping Co. Ltd. SHG:603209	Marine Shipping	2.79%

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	--

pp = percentage points

About Algoma Central Corporation

TO:ALC Canada Marine Shipping

Market Cap

$657.35 Million

CA$908.72 Million CAD

Market Cap Rank

#10976 Global

#323 in Canada

Share Price

CA$22.40

Change (1 day)

-0.93%

52-Week Range

CA$16.55 - CA$25.17

All Time High

CA$25.17