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. Check Altamira Gold Corp strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
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. See ALTA net asset quality index to measure how much of total assets are equity-financed.
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 ALTA market cap overview.
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 |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.00% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Coeur Mining Inc
NYSE:CDE |
Gold | 11.79% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
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.