Asbestos Corporation Limited
Asbestos Corporation Limited manages various mining assets in Canada. The company is involved in the rental of mining buildings that can be used as warehouses or plants; and sale of land, as well as royalties from the exploitation of a granite quarry, restoration, and revegetation of mining sites. It also provides site preparation work for the installation of energy infrastructure. The company wa… Read more
Asbestos Corporation Limited - Asset Resilience Ratio
Asbestos Corporation Limited (AB-H) has an Asset Resilience Ratio of 2.01% 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 (2013–2024)
This chart shows how Asbestos Corporation Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Asbestos Corporation Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$915.00K | 2.01% |
| Total Liquid Assets | CA$915.00K | 2.01% |
Asset Resilience Insights
- Limited Liquidity: Asbestos Corporation Limited maintains only 2.01% 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.
Asbestos Corporation Limited Industry Peers by Asset Resilience Ratio
Compare Asbestos Corporation Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR |
Other Industrial Metals & Mining | 0.13% |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 |
Other Industrial Metals & Mining | 1.58% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 4.86% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.00% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758 |
Other Industrial Metals & Mining | 1.13% |
|
Huludao Zinc Industry Co Ltd
SHE:000751 |
Other Industrial Metals & Mining | 0.01% |
Annual Asset Resilience Ratio for Asbestos Corporation Limited (2013–2024)
The table below shows the annual Asset Resilience Ratio data for Asbestos Corporation Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 2.13% | CA$915.00K | CA$42.99 Million | -0.50pp |
| 2023-12-31 | 2.63% | CA$950.00K | CA$36.17 Million | -2.27pp |
| 2022-12-31 | 4.90% | CA$1.60 Million | CA$32.67 Million | -0.14pp |
| 2021-12-31 | 5.04% | CA$1.69 Million | CA$33.44 Million | -0.41pp |
| 2020-12-31 | 5.45% | CA$1.56 Million | CA$28.73 Million | -0.22pp |
| 2019-12-31 | 5.67% | CA$1.74 Million | CA$30.70 Million | +0.65pp |
| 2018-12-31 | 5.02% | CA$1.50 Million | CA$29.87 Million | -1.40pp |
| 2017-12-31 | 6.42% | CA$2.00 Million | CA$31.16 Million | +0.69pp |
| 2016-12-31 | 5.73% | CA$2.00 Million | CA$34.93 Million | +4.12pp |
| 2015-12-31 | 1.60% | CA$500.00K | CA$31.21 Million | -7.01pp |
| 2014-12-31 | 8.61% | CA$800.00K | CA$9.29 Million | +3.54pp |
| 2013-12-31 | 5.08% | CA$500.00K | CA$9.85 Million | -- |