Lara Exploration Ltd. - Asset Resilience Ratio

Latest as of March 2024: 26.99%

Lara Exploration Ltd. (LRA) has an Asset Resilience Ratio of 26.99% as of March 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. Check strategic asset allocation of Lara Exploration Ltd. to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$1.50 Million
≈ $1.09 Million USD Cash + Short-term Investments

Total Assets

CA$5.56 Million
≈ $4.02 Million USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2005–2023)

This chart shows how Lara Exploration Ltd.'s Asset Resilience Ratio has changed over time. See LRA equity financing ratio to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Lara Exploration Ltd.'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 Lara Exploration Ltd. (LRA) market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$1.50 Million 26.99%
Total Liquid Assets CA$1.50 Million 26.99%

Asset Resilience Insights

  • Very High Liquidity: Lara Exploration Ltd. maintains exceptional liquid asset reserves at 26.99% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Lara Exploration Ltd. Industry Peers by Asset Resilience Ratio

Compare Lara Exploration Ltd.'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
Other Industrial Metals & Mining 0.00%
Liontown Resources Limited
F:LIS
Other Industrial Metals & Mining 1.69%
Skeena Resources Ltd
TO:SKE
Other Industrial Metals & Mining 1.57%
BaoJi Titanium Industry Co Ltd
SHG:600456
Other Industrial Metals & Mining 0.00%
Americas Silver Corp
TO:USA
Other Industrial Metals & Mining 0.00%
Huludao Zinc Industry Co Ltd
SHE:000751
Other Industrial Metals & Mining 0.01%
Firefly Metals Ltd
AU:FFM
Other Industrial Metals & Mining 45.62%
PMET Resources Inc.
TO:PMET
Other Industrial Metals & Mining 14.30%

Annual Asset Resilience Ratio for Lara Exploration Ltd. (2005–2023)

The table below shows the annual Asset Resilience Ratio data for Lara Exploration Ltd..

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 24.21% CA$1.50 Million
≈ $1.09 Million
CA$6.20 Million
≈ $4.48 Million
+6.68pp
2022-12-31 17.53% CA$1.50 Million
≈ $1.09 Million
CA$8.56 Million
≈ $6.19 Million
+17.53pp
2021-12-31 0.00% CA$10.00
≈ $7.23
CA$5.81 Million
≈ $4.21 Million
0.00pp
2020-12-31 0.00% CA$10.00
≈ $7.23
CA$2.23 Million
≈ $1.61 Million
+0.00pp
2019-12-31 0.00% CA$10.00
≈ $7.23
CA$2.57 Million
≈ $1.86 Million
0.00pp
2018-12-31 0.00% CA$10.00
≈ $7.23
CA$1.40 Million
≈ $1.02 Million
-12.41pp
2017-12-31 12.42% CA$551.62K
≈ $399.03K
CA$4.44 Million
≈ $3.21 Million
+12.42pp
2016-12-31 0.00% CA$10.00
≈ $7.23
CA$4.41 Million
≈ $3.19 Million
0.00pp
2015-12-31 0.00% CA$10.00
≈ $7.23
CA$1.93 Million
≈ $1.39 Million
-70.24pp
2006-12-31 70.25% CA$3.64 Million
≈ $2.63 Million
CA$5.18 Million
≈ $3.75 Million
+11.99pp
2005-12-31 58.25% CA$625.00K
≈ $452.12K
CA$1.07 Million
≈ $776.13K
--
pp = percentage points

About Lara Exploration Ltd.

V:LRA Canada Other Industrial Metals & Mining
Market Cap
$142.95 Million
CA$197.62 Million CAD
Market Cap Rank
#18242 Global
#597 in Canada
Share Price
CA$3.91
Change (1 day)
-1.01%
52-Week Range
CA$1.69 - CA$4.25
All Time High
CA$4.25
About

Lara Exploration Ltd., through its subsidiaries, acquires, explores, develops, and evaluates mineral properties in Brazil, Peru, and Chile. The company explores for copper, gold, silver, iron, phosphate, titanium, vanadium, lead, and zinc deposits. Lara Exploration Ltd. is based in Vancouver, Canada.