Almaden Minerals Ltd Asset Resilience Ratio
Almaden Minerals Ltd asset resilience ratio. Almaden Minerals Ltd (AMM) has an Asset Resilience Ratio of 18.15% as of September 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 operational self-sufficiency of Almaden Minerals Ltd to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Almaden Minerals Ltd (2000–2023)
Asset resilience ratio of Almaden Minerals Ltd from 2000 to 2023. This chart shows how Almaden Minerals Ltd's Asset Resilience Ratio has changed over time. Read AMM current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Almaden Minerals Ltd'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 Almaden Minerals Ltd assets under control.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$2.15 Million | 18.15% |
| Total Liquid Assets | CA$2.15 Million | 18.15% |
Asset Resilience Insights
- Good Liquidity Position: Almaden Minerals Ltd maintains a healthy 18.15% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Almaden Minerals Ltd Industry Peers by Asset Resilience Ratio
Compare Almaden Minerals Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
Almaden Minerals Ltd Asset Resilience Ratio by Year (2000–2023)
Almaden Minerals Ltd asset resilience ratio by year from 2000 to 2023. The table below shows the annual Asset Resilience Ratio data for Almaden Minerals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 20.35% | CA$2.59 Million ≈ $1.87 Million |
CA$12.71 Million ≈ $9.20 Million |
+13.79pp |
| 2022-12-31 | 6.55% | CA$5.12 Million ≈ $3.70 Million |
CA$78.05 Million ≈ $56.46 Million |
-2.66pp |
| 2021-12-31 | 9.21% | CA$8.04 Million ≈ $5.81 Million |
CA$87.23 Million ≈ $63.10 Million |
+7.51pp |
| 2020-12-31 | 1.70% | CA$1.30 Million ≈ $940.40K |
CA$76.45 Million ≈ $55.30 Million |
-- |
| 2019-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$74.06 Million ≈ $53.58 Million |
-- |
| 2018-12-31 | 3.38% | CA$2.50 Million ≈ $1.81 Million |
CA$73.93 Million ≈ $53.48 Million |
-18.90pp |
| 2017-12-31 | 22.28% | CA$14.89 Million ≈ $10.77 Million |
CA$66.80 Million ≈ $48.32 Million |
+4.72pp |
| 2016-12-31 | 17.56% | CA$8.34 Million ≈ $6.03 Million |
CA$47.51 Million ≈ $34.37 Million |
+5.78pp |
| 2015-12-31 | 11.78% | CA$4.50 Million ≈ $3.26 Million |
CA$38.22 Million ≈ $27.64 Million |
+9.75pp |
| 2014-12-31 | 2.03% | CA$853.12K ≈ $617.14K |
CA$42.02 Million ≈ $30.40 Million |
-0.13pp |
| 2013-12-31 | 2.16% | CA$1.06 Million ≈ $765.82K |
CA$48.99 Million ≈ $35.44 Million |
-2.32pp |
| 2012-12-31 | 4.48% | CA$2.20 Million ≈ $1.59 Million |
CA$49.13 Million ≈ $35.54 Million |
-11.23pp |
| 2011-12-31 | 15.71% | CA$8.47 Million ≈ $6.13 Million |
CA$53.91 Million ≈ $38.99 Million |
+5.12pp |
| 2010-12-31 | 10.60% | CA$3.85 Million ≈ $2.79 Million |
CA$36.34 Million ≈ $26.29 Million |
+7.62pp |
| 2009-12-31 | 2.98% | CA$763.48K ≈ $552.29K |
CA$25.66 Million ≈ $18.56 Million |
+1.58pp |
| 2008-12-31 | 1.40% | CA$340.89K ≈ $246.60K |
CA$24.40 Million ≈ $17.65 Million |
-8.07pp |
| 2007-12-31 | 9.46% | CA$2.65 Million ≈ $1.91 Million |
CA$27.97 Million ≈ $20.23 Million |
+4.87pp |
| 2006-12-31 | 4.59% | CA$1.32 Million ≈ $954.25K |
CA$28.72 Million ≈ $20.78 Million |
-2.78pp |
| 2005-12-31 | 7.37% | CA$1.21 Million ≈ $873.07K |
CA$16.37 Million ≈ $11.84 Million |
+2.43pp |
| 2004-12-31 | 4.94% | CA$504.75K ≈ $365.13K |
CA$10.22 Million ≈ $7.39 Million |
+1.37pp |
| 2003-12-31 | 3.57% | CA$369.29K ≈ $267.14K |
CA$10.34 Million ≈ $7.48 Million |
-7.08pp |
| 2002-12-31 | 10.65% | CA$600.07K ≈ $434.08K |
CA$5.64 Million ≈ $4.08 Million |
+3.08pp |
| 2001-12-31 | 7.57% | CA$476.47K ≈ $344.67K |
CA$6.30 Million ≈ $4.56 Million |
-7.75pp |
| 2000-12-31 | 15.31% | CA$732.04K ≈ $529.55K |
CA$4.78 Million ≈ $3.46 Million |
-- |
About Almaden Minerals Ltd
Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Mexico. The company's principal asset is the Ixtaca Gold-Silver Project located in Puebla State, Mexico. Almaden Minerals Ltd. was incorporated in 1980 and is headquartered in Vancouver, Canada.