Chibougamau Independent Mines Inc - Asset Resilience Ratio
Chibougamau Independent Mines Inc (CBG) has an Asset Resilience Ratio of 11.32% as of September 2023. 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 how liquid is Chibougamau Independent Mines Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2021)
This chart shows how Chibougamau Independent Mines Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see CBG total asset value.
Liquid Assets Composition Over Time
This chart breaks down Chibougamau Independent Mines Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Chibougamau Independent Mines Inc (CBG) total liabilities for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$120.00K | 11.32% |
| Total Liquid Assets | CA$120.00K | 11.32% |
Asset Resilience Insights
- Moderate Liquidity: Chibougamau Independent Mines Inc has 11.32% 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.
Chibougamau Independent Mines Inc Industry Peers by Asset Resilience Ratio
Compare Chibougamau Independent Mines Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
China Gold International Resources
TO:CGG |
Other Precious Metals & Mining | 11.22% |
|
Artemis Gold Inc
V:ARTG |
Other Precious Metals & Mining | 0.00% |
|
Triple Flag Precious Metals Corp
TO:TFPM |
Other Precious Metals & Mining | 7.79% |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711 |
Other Precious Metals & Mining | 0.84% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
29METALS Ltd
AU:29M |
Other Precious Metals & Mining | 0.00% |
|
Orvana Minerals Corp.
TO:ORV |
Other Precious Metals & Mining | 15.73% |
|
Sierra Madre Gold and Silver Ltd
V:SM |
Other Precious Metals & Mining | 5.46% |
Annual Asset Resilience Ratio for Chibougamau Independent Mines Inc (2014–2021)
The table below shows the annual Asset Resilience Ratio data for Chibougamau Independent Mines Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 22.14% | CA$230.02K ≈ $166.39K |
CA$1.04 Million ≈ $751.37K |
+15.04pp |
| 2020-12-31 | 7.11% | CA$93.53K ≈ $67.66K |
CA$1.32 Million ≈ $951.76K |
-21.82pp |
| 2016-12-31 | 28.93% | CA$362.36K ≈ $262.13K |
CA$1.25 Million ≈ $906.09K |
+24.09pp |
| 2014-12-31 | 4.84% | CA$72.90K ≈ $52.74K |
CA$1.51 Million ≈ $1.09 Million |
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About Chibougamau Independent Mines Inc
Chibougamau Independent Mines Inc. engages in the reviving production in the Chibougamau gold-copper mining camp. The company explores for copper, gold, zinc, silver, iron, titanium, and vanadium deposits. The company was incorporated in 2010 and is headquartered in Rouyn-Noranda, Canada.