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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2007–2018)
This chart shows how Altamira Gold Corp's Asset Resilience Ratio has changed over time. Check Altamira Gold Corp PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see Altamira Gold Corp stock valuation.
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 |
|---|---|---|
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Dpm Metals Inc.
AU:DPM |
Gold | 16.16% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
G Mining Ventures Corp.
TO:GMIN |
Gold | 6.91% |
|
Wesdome Gold Mines Ltd.
TO:WDO |
Gold | 5.22% |
|
Seabridge Gold Inc.
TO:SEA |
Gold | 6.52% |
Annual Asset Resilience Ratio for Altamira Gold Corp (2007–2018)
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. It primarily explores for gold and copper deposits. The company holds a portfolio of mineral projects in Brazil. Altamira Gold Corp. is headquartered in Vancouver, Canada.