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.

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. Check Lara Exploration Ltd. strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

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 LRA company net worth.

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
Xiamen Tungsten Co Ltd
SHG:600549
Other Industrial Metals & Mining 1.91%
Pilbara Minerals Ltd
AU:PLS
Other Industrial Metals & Mining 17.93%
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
Other Industrial Metals & Mining 0.00%
Zhuzhou Smelter Group Co Ltd
SHG:600961
Other Industrial Metals & Mining 0.75%
Vale Indonesia Tbk
JK:INCO
Other Industrial Metals & Mining 0.07%
Nickel Industries Ltd
AU:NIC
Other Industrial Metals & Mining 7.58%
Nova Minerals Ltd
AU:NVA
Other Industrial Metals & Mining 3.39%
Adriatic Metals Plc
AU:ADT
Other Industrial Metals & Mining 31.94%

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
$145.88 Million
CA$201.66 Million CAD
Market Cap Rank
#18100 Global
#594 in Canada
Share Price
CA$3.99
Change (1 day)
-2.44%
52-Week Range
CA$2.02 - 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.