Callinex Mines - Asset Resilience Ratio
Callinex Mines (CNX) has an Asset Resilience Ratio of 0.09% as of June 2021. 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 CNX working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2019)
This chart shows how Callinex Mines's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Callinex Mines.
Liquid Assets Composition Over Time
This chart breaks down Callinex Mines's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Callinex Mines 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$27.01K | 0.09% |
| Total Liquid Assets | CA$27.01K | 0.09% |
Asset Resilience Insights
- Limited Liquidity: Callinex Mines maintains only 0.09% 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.
Callinex Mines Industry Peers by Asset Resilience Ratio
Compare Callinex Mines's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Fortescue Ltd
AU:FMG |
Other Industrial Metals & Mining | 15.12% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
BHP Group Limited
LSE:BHP |
Other Industrial Metals & Mining | 0.05% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Adriatic Metals Plc
AU:ADT |
Other Industrial Metals & Mining | 31.94% |
|
Americas Silver Corp
TO:USA |
Other Industrial Metals & Mining | 0.00% |
Annual Asset Resilience Ratio for Callinex Mines (2018–2019)
The table below shows the annual Asset Resilience Ratio data for Callinex Mines.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-09-30 | 0.00% | CA$1.81 ≈ $1.31 |
CA$21.95 Million ≈ $15.88 Million |
-0.28pp |
| 2018-09-30 | 0.28% | CA$61.68K ≈ $44.62K |
CA$22.21 Million ≈ $16.07 Million |
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About Callinex Mines
Callinex Mines Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, zinc, gold, and silver deposits. Callinex Mines Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.