Altamira Gold Corp Asset Resilience Ratio
Altamira Gold Corp asset resilience ratio. Altamira Gold Corp (ALTA) has an Asset Resilience Ratio of 0.84% as of November 2018. 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 operational self-sufficiency of Altamira Gold Corp to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Altamira Gold Corp (2007–2018)
Asset resilience ratio of Altamira Gold Corp from 2007 to 2018. This chart shows how Altamira Gold Corp's Asset Resilience Ratio has changed over time. Read Altamira Gold Corp (ALTA) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Altamira Gold Corp'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 Altamira Gold Corp assets under control.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$100.00K | 0.84% |
| Total Liquid Assets | CA$100.00K | 0.84% |
Asset Resilience Insights
- Limited Liquidity: Altamira Gold Corp maintains only 0.84% 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.
Altamira Gold Corp Industry Peers by Asset Resilience Ratio
Compare Altamira Gold Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
Altamira Gold Corp Asset Resilience Ratio by Year (2007–2018)
Altamira Gold Corp asset resilience ratio by year from 2007 to 2018. The table below shows the annual Asset Resilience Ratio data for Altamira Gold Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-02-28 | 8.24% | CA$1.00 Million ≈ $723.38K |
CA$12.13 Million ≈ $8.78 Million |
+7.84pp |
| 2017-02-28 | 0.41% | CA$59.62K ≈ $43.13K |
CA$14.68 Million ≈ $10.62 Million |
-1.39pp |
| 2007-02-28 | 1.80% | CA$20.00K ≈ $14.47K |
CA$1.11 Million ≈ $803.24K |
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About Altamira Gold Corp
Altamira Gold Corp., a junior exploration company, engages in the acquisition, exploration, development, and mining of mineral properties in Brazil and Canada. The company explores for gold and copper deposits. Its flagship project is the Cajueiro project, which covers an area of 17,145 hectares located in the Alta Floresta-Juruena Gold Belt of the Mato Grosso and Pará states in Brazil. The compa… Read more