Abcourt Mines Inc. - Asset Resilience Ratio
Abcourt Mines Inc. (ABI) has an Asset Resilience Ratio of 7.12% 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 ABI working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2005–2014)
This chart shows how Abcourt Mines Inc.'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Abcourt Mines Inc. asset portfolio.
Liquid Assets Composition Over Time
This chart breaks down Abcourt Mines Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore ABI strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.29 Million | 7.12% |
| Total Liquid Assets | CA$1.29 Million | 7.12% |
Asset Resilience Insights
- Limited Liquidity: Abcourt Mines Inc. maintains only 7.12% 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.
Abcourt Mines Inc. Industry Peers by Asset Resilience Ratio
Compare Abcourt Mines Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Agnico Eagle Mines Limited
TO:AEM |
Gold | 0.04% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
|
Harmony Gold Mining Co. Ltd.
JSE:HAR |
Gold | 0.25% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Western Gold Co Ltd
SHG:601069 |
Gold | 0.13% |
|
Fortuna Silver Mines Inc
TO:FVI |
Gold | 9.98% |
|
Sandstorm Gold Ltd N
TO:SSL |
Gold | 0.45% |
Annual Asset Resilience Ratio for Abcourt Mines Inc. (2005–2014)
The table below shows the annual Asset Resilience Ratio data for Abcourt Mines Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2014-06-30 | 0.92% | CA$208.36K ≈ $150.72K |
CA$22.65 Million ≈ $16.38 Million |
-5.72pp |
| 2013-06-30 | 6.64% | CA$1.40 Million ≈ $1.01 Million |
CA$21.09 Million ≈ $15.25 Million |
-11.37pp |
| 2012-06-30 | 18.01% | CA$3.73 Million ≈ $2.70 Million |
CA$20.72 Million ≈ $14.99 Million |
+6.94pp |
| 2010-06-30 | 11.07% | CA$1.05 Million ≈ $759.55K |
CA$9.49 Million ≈ $6.86 Million |
+6.50pp |
| 2009-06-30 | 4.57% | CA$350.00K ≈ $253.18K |
CA$7.67 Million ≈ $5.55 Million |
-1.58pp |
| 2008-06-30 | 6.15% | CA$450.00K ≈ $325.52K |
CA$7.32 Million ≈ $5.29 Million |
-40.00pp |
| 2007-06-30 | 46.15% | CA$2.30 Million ≈ $1.66 Million |
CA$4.98 Million ≈ $3.61 Million |
-5.69pp |
| 2005-06-30 | 51.83% | CA$1.00 Million ≈ $723.38K |
CA$1.93 Million ≈ $1.40 Million |
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About Abcourt Mines Inc.
Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. The company also explores for silver and zinc deposits. Abcourt Mines Inc. was incorporated in 1971 and is headquartered in Rouyn-Noranda, Canada.