Fortune Bay Corp - Asset Resilience Ratio
Fortune Bay Corp (FOR) has an Asset Resilience Ratio of 0.75% as of September 2025. 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. Check Fortune Bay Corp strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2024)
This chart shows how Fortune Bay Corp's Asset Resilience Ratio has changed over time. See FOR equity to assets ratio to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Fortune Bay Corp'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 Fortune Bay Corp stock valuation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$196.67K | 0.75% |
| Total Liquid Assets | CA$196.67K | 0.75% |
Asset Resilience Insights
- Limited Liquidity: Fortune Bay Corp maintains only 0.75% 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.
Fortune Bay Corp Industry Peers by Asset Resilience Ratio
Compare Fortune Bay Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.00% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Coeur Mining Inc
NYSE:CDE |
Gold | 11.79% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
Annual Asset Resilience Ratio for Fortune Bay Corp (2014–2024)
The table below shows the annual Asset Resilience Ratio data for Fortune Bay Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.39% | CA$93.33K ≈ $67.52K |
CA$24.17 Million ≈ $17.49 Million |
-- |
| 2023-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$24.72 Million ≈ $17.88 Million |
-- |
| 2016-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$15.52 Million ≈ $11.23 Million |
-- |
| 2015-12-31 | 1.60% | CA$242.49K ≈ $175.41K |
CA$15.15 Million ≈ $10.96 Million |
-1.79pp |
| 2014-12-31 | 3.39% | CA$496.98K ≈ $359.51K |
CA$14.66 Million ≈ $10.61 Million |
-- |
About Fortune Bay Corp
Fortune Bay Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. It primarily explores for gold and uranium deposits. The company has an option agreement to acquire The Woods Uranium Projects located on the northern margin of the Athabasca Basin, Saskatchewan. Fortune Bay Corp. is headquartered in Halifax, Canada.