CMC Metals Ltd - Asset Resilience Ratio

Latest as of December 2024: 51.01%

CMC Metals Ltd (CMB) has an Asset Resilience Ratio of 51.01% as of December 2024. 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 CMC Metals Ltd (CMB) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$644.63K
≈ $466.31K USD Cash + Short-term Investments

Total Assets

CA$1.26 Million
≈ $914.09K USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2007–2024)

This chart shows how CMC Metals Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see CMC Metals Ltd total assets.

Liquid Assets Composition Over Time

This chart breaks down CMC Metals Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore how much of CMC Metals Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$644.63K 51.01%
Total Liquid Assets CA$644.63K 51.01%

Asset Resilience Insights

  • Very High Liquidity: CMC Metals Ltd maintains exceptional liquid asset reserves at 51.01% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

CMC Metals Ltd Industry Peers by Asset Resilience Ratio

Compare CMC Metals Ltd'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 CMC Metals Ltd (2007–2024)

The table below shows the annual Asset Resilience Ratio data for CMC Metals Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-09-30 48.33% CA$604.75K
≈ $437.47K
CA$1.25 Million
≈ $905.09K
+46.87pp
2022-09-30 1.46% CA$25.00K
≈ $18.08K
CA$1.71 Million
≈ $1.24 Million
--
2021-09-30 0.00% CA$0.00
≈ $0.00
CA$1.02 Million
≈ $737.45K
--
2011-09-30 0.06% CA$6.00K
≈ $4.34K
CA$10.29 Million
≈ $7.45 Million
-0.24pp
2010-09-30 0.30% CA$24.00K
≈ $17.36K
CA$8.07 Million
≈ $5.84 Million
+0.01pp
2009-09-30 0.29% CA$20.00K
≈ $14.47K
CA$6.99 Million
≈ $5.05 Million
-15.79pp
2007-09-30 16.08% CA$740.98K
≈ $536.02K
CA$4.61 Million
≈ $3.33 Million
--
pp = percentage points

About CMC Metals Ltd

V:CMB Canada Other Precious Metals & Mining
Market Cap
$1.55 Million
CA$2.14 Million CAD
Market Cap Rank
#30346 Global
#1522 in Canada
Share Price
CA$0.13
Change (1 day)
+0.00%
52-Week Range
CA$0.13 - CA$0.13
All Time High
CA$0.79
About

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. Its flagship property is the 100% owned Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon. The company was formerly known as Bellevue Capital Co… Read more