Ascendant Resources Inc Asset Resilience Ratio
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. See ASND defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Ascendant Resources Inc (2018–2024)
Asset resilience ratio of Ascendant Resources Inc from 2018 to 2024. This chart shows how Ascendant Resources Inc's Asset Resilience Ratio has changed over time. Read total liabilities of Ascendant Resources Inc for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see ASND asset base.
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 |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
China Molybdenum Co. Ltd
F:D7N |
Other Industrial Metals & Mining | 2.61% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Tibet Mineral Development Co Ltd
SHE:000762 |
Other Industrial Metals & Mining | 0.67% |
|
Perenti Ltd
AU:PRN |
Other Industrial Metals & Mining | 8.69% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
Ascendant Resources Inc Asset Resilience Ratio by Year (2018–2024)
Ascendant Resources Inc asset resilience ratio by year from 2018 to 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