Fortune Minerals Limited - Asset Resilience Ratio
Fortune Minerals Limited (FT) has an Asset Resilience Ratio of 41.25% as of September 2025. 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1996–2024)
This chart shows how Fortune Minerals Limited's Asset Resilience Ratio has changed over time. Check FT PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Fortune Minerals Limited'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 how much is Fortune Minerals Limited worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$2.88 Million | 41.25% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$2.88 Million | 41.25% |
Asset Resilience Insights
- Very High Liquidity: Fortune Minerals Limited maintains exceptional liquid asset reserves at 41.25% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Fortune Minerals Limited Industry Peers by Asset Resilience Ratio
Compare Fortune Minerals Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Xiamen Tungsten Co Ltd
SHG:600549 |
Other Industrial Metals & Mining | 1.91% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497 |
Other Industrial Metals & Mining | 0.00% |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961 |
Other Industrial Metals & Mining | 0.75% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Nickel Industries Ltd
AU:NIC |
Other Industrial Metals & Mining | 7.58% |
|
Nova Minerals Ltd
AU:NVA |
Other Industrial Metals & Mining | 3.39% |
|
Adriatic Metals Plc
AU:ADT |
Other Industrial Metals & Mining | 31.94% |
Annual Asset Resilience Ratio for Fortune Minerals Limited (1996–2024)
The table below shows the annual Asset Resilience Ratio data for Fortune Minerals Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 33.07% | CA$1.59 Million ≈ $1.15 Million |
CA$4.82 Million ≈ $3.48 Million |
-10.09pp |
| 2023-12-31 | 43.16% | CA$673.64K ≈ $487.30K |
CA$1.56 Million ≈ $1.13 Million |
+42.99pp |
| 2022-12-31 | 0.17% | CA$78.65K ≈ $56.89K |
CA$46.45 Million ≈ $33.60 Million |
-2.12pp |
| 2021-12-31 | 2.29% | CA$1.80 Million ≈ $1.30 Million |
CA$78.61 Million ≈ $56.86 Million |
+0.88pp |
| 2020-12-31 | 1.41% | CA$1.08 Million ≈ $780.45K |
CA$76.34 Million ≈ $55.22 Million |
-1.33pp |
| 2019-12-31 | 2.74% | CA$2.10 Million ≈ $1.52 Million |
CA$76.81 Million ≈ $55.57 Million |
-1.87pp |
| 2018-12-31 | 4.61% | CA$3.61 Million ≈ $2.61 Million |
CA$78.33 Million ≈ $56.66 Million |
-6.10pp |
| 2017-12-31 | 10.71% | CA$8.52 Million ≈ $6.17 Million |
CA$79.60 Million ≈ $57.58 Million |
+9.35pp |
| 2016-12-31 | 1.36% | CA$940.07K ≈ $680.03K |
CA$69.13 Million ≈ $50.01 Million |
+1.32pp |
| 2015-12-31 | 0.04% | CA$25.00K ≈ $18.08K |
CA$67.96 Million ≈ $49.16 Million |
-0.41pp |
| 2006-12-31 | 0.44% | CA$267.87K ≈ $193.77K |
CA$60.24 Million ≈ $43.57 Million |
-0.12pp |
| 2005-12-31 | 0.56% | CA$267.87K ≈ $193.77K |
CA$47.85 Million ≈ $34.62 Million |
-0.10pp |
| 2004-12-31 | 0.66% | CA$268.87K ≈ $194.50K |
CA$40.45 Million ≈ $29.26 Million |
-6.52pp |
| 2003-12-31 | 7.19% | CA$1.27 Million ≈ $918.09K |
CA$17.66 Million ≈ $12.78 Million |
+3.47pp |
| 2002-12-31 | 3.71% | CA$470.00K ≈ $339.99K |
CA$12.65 Million ≈ $9.15 Million |
-4.44pp |
| 2001-12-31 | 8.15% | CA$949.94K ≈ $687.17K |
CA$11.66 Million ≈ $8.43 Million |
-14.47pp |
| 2000-12-31 | 22.61% | CA$2.71 Million ≈ $1.96 Million |
CA$11.98 Million ≈ $8.66 Million |
-4.21pp |
| 1999-12-31 | 26.83% | CA$3.30 Million ≈ $2.39 Million |
CA$12.30 Million ≈ $8.90 Million |
+19.81pp |
| 1998-12-31 | 7.02% | CA$800.00K ≈ $578.71K |
CA$11.40 Million ≈ $8.25 Million |
-25.13pp |
| 1997-12-31 | 32.14% | CA$2.70 Million ≈ $1.95 Million |
CA$8.40 Million ≈ $6.08 Million |
-9.68pp |
| 1996-12-31 | 41.82% | CA$2.30 Million ≈ $1.66 Million |
CA$5.50 Million ≈ $3.98 Million |
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About Fortune Minerals Limited
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories and Lamont County consists of 76.78 acre… Read more