Ascendant Resources Inc - Asset Resilience Ratio
Ascendant Resources Inc (ASND) has an Asset Resilience Ratio of 0.08% as of December 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. Check ASND strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2024)
This chart shows how Ascendant Resources Inc's Asset Resilience Ratio has changed over time. See Ascendant Resources Inc balance sheet independence to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Ascendant Resources Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market value of Ascendant Resources Inc.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$13.00K | 0.08% |
| Total Liquid Assets | CA$13.00K | 0.08% |
Asset Resilience Insights
- Limited Liquidity: Ascendant Resources Inc maintains only 0.08% 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.
Ascendant Resources Inc Industry Peers by Asset Resilience Ratio
Compare Ascendant Resources Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Glencore PLC
JSE:GLN |
Other Industrial Metals & Mining | 0.05% |
|
Vale S.A
F:CVLB |
Other Industrial Metals & Mining | 0.22% |
|
Teck Resources Limited
TO:TECK-B |
Other Industrial Metals & Mining | -2.10% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Ivanhoe Mines Ltd.
TO:IVN |
Other Industrial Metals & Mining | 0.50% |
|
RTG Mining Inc
AU:RTG |
Other Industrial Metals & Mining | 14.16% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
Annual Asset Resilience Ratio for Ascendant Resources Inc (2018–2024)
The table below shows the annual Asset Resilience Ratio data for Ascendant Resources Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.08% | CA$13.00K ≈ $9.40K |
CA$16.74 Million ≈ $12.11 Million |
-0.05pp |
| 2023-12-31 | 0.12% | CA$23.00K ≈ $16.64K |
CA$18.54 Million ≈ $13.41 Million |
-0.11pp |
| 2022-12-31 | 0.23% | CA$32.00K ≈ $23.15K |
CA$13.78 Million ≈ $9.97 Million |
-0.48pp |
| 2021-12-31 | 0.71% | CA$56.00K ≈ $40.51K |
CA$7.91 Million ≈ $5.72 Million |
-- |
| 2019-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$75.42 Million ≈ $54.56 Million |
-- |
| 2018-12-31 | 0.21% | CA$137.00K ≈ $99.10K |
CA$66.07 Million ≈ $47.79 Million |
-- |
About Ascendant Resources Inc
Ascendant Resources Inc. explores and develops mineral properties in Portugal. The company explores for silver, gold, zinc, copper, lead, and tin. It holds 80% interest in the Lagoa Salgada volcanogenic massive sulphide project covering an an area of 7,209 hectares located on the Iberian Pyrite Belt in Portugal. The company was formerly known as Morumbi Resources Inc. and changed its name to Asce… Read more