Fortune Bay Corp Asset Resilience Ratio
Fortune Bay Corp asset resilience ratio. Fortune Bay Corp (FOR) has an Asset Resilience Ratio of 0.43% as of June 2026. 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 FOR defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Fortune Bay Corp (2014–2025)
Asset resilience ratio of Fortune Bay Corp from 2014 to 2025. This chart shows how Fortune Bay Corp's Asset Resilience Ratio has changed over time. Read Fortune Bay Corp debt and liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see FOR total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$151.67K | 0.43% |
| Total Liquid Assets | CA$151.67K | 0.43% |
Asset Resilience Insights
- Limited Liquidity: Fortune Bay Corp maintains only 0.43% 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 |
|---|---|---|
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
Fortune Bay Corp Asset Resilience Ratio by Year (2014–2025)
Fortune Bay Corp asset resilience ratio by year from 2014 to 2025. The table below shows the annual Asset Resilience Ratio data for Fortune Bay Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2025-12-31 | 0.37% | CA$125.67K ≈ $90.91K |
CA$33.67 Million ≈ $24.36 Million |
-0.01pp |
| 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. The company's flagship asset is the Goldfields Gold Project located approximately 13 kilometres south of Uranium City, Saskatchewan. Fortune Bay Corp. is headquartered in Halifax, Canada.