Great Atlantic Resources Corp - Asset Resilience Ratio

Latest as of August 2023: 0.35%

Great Atlantic Resources Corp (GR) has an Asset Resilience Ratio of 0.35% as of August 2023. 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 Great Atlantic Resources Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$6.07K
≈ $4.39K USD Cash + Short-term Investments

Total Assets

CA$1.72 Million
≈ $1.24 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Great Atlantic Resources Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Great Atlantic Resources Corp.

Liquid Assets Composition Over Time

This chart breaks down Great Atlantic Resources Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Great Atlantic Resources Corp debt and 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$6.07K 0.35%
Total Liquid Assets CA$6.07K 0.35%

Asset Resilience Insights

  • Limited Liquidity: Great Atlantic Resources Corp maintains only 0.35% 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.

Great Atlantic Resources Corp Industry Peers by Asset Resilience Ratio

Compare Great Atlantic Resources Corp'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 Great Atlantic Resources Corp (2021–2023)

The table below shows the annual Asset Resilience Ratio data for Great Atlantic Resources Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-02-28 1.30% CA$23.41K
≈ $16.93K
CA$1.80 Million
≈ $1.30 Million
-2.81pp
2022-02-28 4.11% CA$120.67K
≈ $87.29K
CA$2.94 Million
≈ $2.12 Million
-6.18pp
2021-02-28 10.29% CA$179.66K
≈ $129.96K
CA$1.75 Million
≈ $1.26 Million
--
pp = percentage points

About Great Atlantic Resources Corp

V:GR Canada Other Industrial Metals & Mining
Market Cap
$3.12 Million
CA$4.31 Million CAD
Market Cap Rank
#29497 Global
#1394 in Canada
Share Price
CA$0.07
Change (1 day)
-7.14%
52-Week Range
CA$0.06 - CA$0.17
All Time High
CA$2.20
About

Great Atlantic Resources Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Atlantic Canada. It explores for gold, silver, lead, zinc, tungsten, antimony, copper, nickel, tin, indium, cobalt, vanadium, and other precious and base metals. The company's flagship property is the Golden Promise property that consists of14 mineral licenses covering an area of 16,525… Read more