Western Resources Corp - Asset Resilience Ratio
Western Resources Corp (WRX) has an Asset Resilience Ratio of 0.26% as of June 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. Read WRX total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2023)
This chart shows how Western Resources Corp's Asset Resilience Ratio has changed over time. See WRX net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Western Resources Corp'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 WRX market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$308.89K | 0.08% |
| Short-term Investments | CA$667.25K | 0.18% |
| Total Liquid Assets | CA$976.14K | 0.26% |
Asset Resilience Insights
- Limited Liquidity: Western Resources Corp maintains only 0.26% 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.
Western Resources Corp Industry Peers by Asset Resilience Ratio
Compare Western Resources Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497 |
Other Industrial Metals & Mining | 0.00% |
|
Sichuan Yahua Industrial Group Co Ltd
SHE:002497 |
Other Industrial Metals & Mining | 6.52% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 6.99% |
|
Nickel Industries Ltd
AU:NIC |
Other Industrial Metals & Mining | 7.58% |
|
Iluka Resources Ltd
AU:ILU |
Other Industrial Metals & Mining | -0.05% |
Annual Asset Resilience Ratio for Western Resources Corp (2012–2023)
The table below shows the annual Asset Resilience Ratio data for Western Resources Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-09-30 | 2.48% | CA$8.71 Million ≈ $6.30 Million |
CA$351.10 Million ≈ $253.98 Million |
-7.52pp |
| 2022-09-30 | 10.00% | CA$30.46 Million ≈ $22.04 Million |
CA$304.50 Million ≈ $220.27 Million |
+9.98pp |
| 2021-09-30 | 0.03% | CA$70.85K ≈ $51.25K |
CA$246.85 Million ≈ $178.57 Million |
-1.22pp |
| 2020-09-30 | 1.25% | CA$3.30 Million ≈ $2.39 Million |
CA$264.77 Million ≈ $191.53 Million |
-1.12pp |
| 2019-09-30 | 2.37% | CA$4.68 Million ≈ $3.39 Million |
CA$197.93 Million ≈ $143.18 Million |
-3.90pp |
| 2018-09-30 | 6.26% | CA$9.50 Million ≈ $6.87 Million |
CA$151.70 Million ≈ $109.74 Million |
-31.73pp |
| 2017-09-30 | 37.99% | CA$56.40 Million ≈ $40.80 Million |
CA$148.44 Million ≈ $107.38 Million |
+36.76pp |
| 2016-09-30 | 1.24% | CA$1.85 Million ≈ $1.34 Million |
CA$149.78 Million ≈ $108.35 Million |
+0.81pp |
| 2015-09-30 | 0.43% | CA$677.35K ≈ $489.98K |
CA$158.13 Million ≈ $114.39 Million |
-0.74pp |
| 2014-09-30 | 1.17% | CA$974.20K ≈ $704.72K |
CA$83.20 Million ≈ $60.19 Million |
+1.17pp |
| 2013-09-30 | 0.00% | CA$256.92 ≈ $185.85 |
CA$89.35 Million ≈ $64.63 Million |
+0.00pp |
| 2012-09-30 | 0.00% | CA$120.00 ≈ $86.81 |
CA$63.76 Million ≈ $46.12 Million |
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About Western Resources Corp
Western Resources Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of potash mineral properties in Canada. The company primarily holds a 100% interest in the Milestone project located to the southeast of Regina in Saskatchewan, Canada. It also invests in real estate projects. The company was incorporated in 2017 and is based in Vancouver, Canada. Wes… Read more