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.
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. Check CBG strategic asset allocation to assess the company's strategic physical and investment asset allocation.
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. For market capitalisation and broader financial context, see market cap of Chibougamau Independent Mines Inc.
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 |
|---|---|---|
|
Anglo American Platinum Ltd
JSE:AMS |
Other Precious Metals & Mining | 0.25% |
|
Yintai Resources Co Ltd
SHE:000975 |
Other Precious Metals & Mining | 7.47% |
|
China Gold International Resources
TO:CGG |
Other Precious Metals & Mining | 10.10% |
|
Artemis Gold Inc
V:ARTG |
Other Precious Metals & Mining | 0.00% |
|
Avino Silver & Gold Mines Ltd
TO:ASM |
Other Precious Metals & Mining | 0.00% |
|
Santana Minerals Ltd
AU:SMI |
Other Precious Metals & Mining | 55.11% |
|
Goliath Resources Ltd
V:GOT |
Other Precious Metals & Mining | 63.93% |
|
Forrestania Resources Ltd
AU:FRS |
Other Precious Metals & Mining | 2.21% |
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.