MacDonald Mines Exploration Ltd - Asset Resilience Ratio
MacDonald Mines Exploration Ltd (BMK) has an Asset Resilience Ratio of 10.52% as of March 2022. 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 (2005–2021)
This chart shows how MacDonald Mines Exploration Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down MacDonald Mines Exploration Ltd'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$117.12K | 10.52% |
| Total Liquid Assets | CA$117.12K | 10.52% |
Asset Resilience Insights
- Moderate Liquidity: MacDonald Mines Exploration Ltd has 10.52% of assets in liquid form.
- While adequate for normal operations, this level may limit flexibility during economic stress.
- The company has significant short-term investments, indicating active treasury management.
MacDonald Mines Exploration Ltd Industry Peers by Asset Resilience Ratio
Compare MacDonald Mines Exploration Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Resource Base Ltd
AU:RBX |
Gold | 44.13% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
|
Asante Gold Corporation
F:1A9 |
Gold | 0.23% |
|
American Pacific Mining Corp
F:1QC1 |
Gold | 0.00% |
|
Rio2 Limited
F:1SB |
Gold | 0.04% |
|
AIS Resources Ltd
V:AIS |
Gold | 97.35% |
Annual Asset Resilience Ratio for MacDonald Mines Exploration Ltd (2005–2021)
The table below shows the annual Asset Resilience Ratio data for MacDonald Mines Exploration Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 12.30% | CA$212.81K | CA$1.73 Million | -13.87pp |
| 2020-12-31 | 26.17% | CA$768.29K | CA$2.94 Million | +25.85pp |
| 2019-12-31 | 0.32% | CA$4.32K | CA$1.34 Million | +0.09pp |
| 2017-12-31 | 0.23% | CA$3.60K | CA$1.56 Million | -43.36pp |
| 2016-12-31 | 43.59% | CA$481.12K | CA$1.10 Million | +43.51pp |
| 2012-12-31 | 0.09% | CA$25.18K | CA$28.71 Million | -2.31pp |
| 2011-12-31 | 2.40% | CA$536.96K | CA$22.42 Million | +0.58pp |
| 2010-12-31 | 1.81% | CA$422.67K | CA$23.30 Million | +0.55pp |
| 2009-12-31 | 1.27% | CA$233.03K | CA$18.39 Million | +0.82pp |
| 2008-12-31 | 0.45% | CA$75.71K | CA$16.91 Million | +0.32pp |
| 2007-12-31 | 0.13% | CA$26.76K | CA$21.34 Million | -0.34pp |
| 2006-12-31 | 0.47% | CA$28.33K | CA$6.04 Million | -6.86pp |
| 2005-12-31 | 7.32% | CA$320.00K | CA$4.37 Million | -- |
About MacDonald Mines Exploration Ltd
MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and th… Read more