Elcora Advanced Materials Corp Asset Resilience Ratio
Elcora Advanced Materials Corp asset resilience ratio. Elcora Advanced Materials Corp (ERA) has an Asset Resilience Ratio of 2.56% 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 Elcora Advanced Materials Corp (ERA) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Elcora Advanced Materials Corp (2014–2019)
Asset resilience ratio of Elcora Advanced Materials Corp from 2014 to 2019. This chart shows how Elcora Advanced Materials Corp's Asset Resilience Ratio has changed over time. Read Elcora Advanced Materials Corp total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Elcora Advanced Materials Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see ERA asset base.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$51.64K | 2.56% |
| Total Liquid Assets | CA$51.64K | 2.56% |
Asset Resilience Insights
- Limited Liquidity: Elcora Advanced Materials Corp maintains only 2.56% 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.
Elcora Advanced Materials Corp Industry Peers by Asset Resilience Ratio
Compare Elcora Advanced Materials Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
BHP Group Ltd
AU:BHP |
Other Industrial Metals & Mining | 11.90% |
|
Rio Tinto Group
MX:RION |
Other Industrial Metals & Mining | 0.43% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
MP Materials Corp
NYSE:MP |
Other Industrial Metals & Mining | 27.47% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Chengtun Mining Group Co Ltd
SHG:600711 |
Other Industrial Metals & Mining | 0.91% |
Elcora Advanced Materials Corp Asset Resilience Ratio by Year (2014–2019)
Elcora Advanced Materials Corp asset resilience ratio by year from 2014 to 2019. The table below shows the annual Asset Resilience Ratio data for Elcora Advanced Materials Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-03-31 | 1.00% | CA$10.16K ≈ $7.35K |
CA$1.02 Million ≈ $734.96K |
+0.54pp |
| 2018-03-31 | 0.46% | CA$44.37K ≈ $32.09K |
CA$9.66 Million ≈ $6.99 Million |
+0.03pp |
| 2017-03-31 | 0.43% | CA$43.36K ≈ $31.36K |
CA$10.06 Million ≈ $7.28 Million |
+0.25pp |
| 2016-03-31 | 0.18% | CA$15.23K ≈ $11.02K |
CA$8.48 Million ≈ $6.13 Million |
-2.73pp |
| 2015-03-31 | 2.91% | CA$210.97K ≈ $152.62K |
CA$7.26 Million ≈ $5.25 Million |
-41.40pp |
| 2014-03-31 | 44.30% | CA$754.09K ≈ $545.50K |
CA$1.70 Million ≈ $1.23 Million |
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About Elcora Advanced Materials Corp
Elcora Advanced Materials Corp. explores for and develops mineral properties in Morocco. The company was formerly known as Elcora Resources Corp. and changed its name to Elcora Advanced Materials Corp. in February 2016. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada.