Lithium Ionic Corp Asset Resilience Ratio
Lithium Ionic Corp asset resilience ratio. Lithium Ionic Corp (LTH) has an Asset Resilience Ratio of 34.45% 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. See how many days can Lithium Ionic Corp fund operations to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Lithium Ionic Corp (2021–2023)
Asset resilience ratio of Lithium Ionic Corp from 2021 to 2023. This chart shows how Lithium Ionic Corp's Asset Resilience Ratio has changed over time. Read debt load of Lithium Ionic Corp for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Lithium Ionic 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 Lithium Ionic Corp total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$2.20 Million | 34.45% |
| Total Liquid Assets | CA$2.20 Million | 34.45% |
Asset Resilience Insights
- Very High Liquidity: Lithium Ionic Corp maintains exceptional liquid asset reserves at 34.45% 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.
Lithium Ionic Corp Industry Peers by Asset Resilience Ratio
Compare Lithium Ionic Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
China Molybdenum Co. Ltd
F:D7N |
Other Industrial Metals & Mining | 2.61% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Tibet Mineral Development Co Ltd
SHE:000762 |
Other Industrial Metals & Mining | 0.67% |
|
Perenti Ltd
AU:PRN |
Other Industrial Metals & Mining | 8.69% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
Lithium Ionic Corp Asset Resilience Ratio by Year (2021–2023)
Lithium Ionic Corp asset resilience ratio by year from 2021 to 2023. The table below shows the annual Asset Resilience Ratio data for Lithium Ionic Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 64.39% | CA$8.50 Million ≈ $6.15 Million |
CA$13.20 Million ≈ $9.55 Million |
+33.94pp |
| 2022-12-31 | 30.45% | CA$10.00 Million ≈ $7.23 Million |
CA$32.84 Million ≈ $23.75 Million |
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| 2021-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$7.83 Million ≈ $5.67 Million |
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About Lithium Ionic Corp
Lithium Ionic Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of lithium properties in Brazil. Its flagship properties include a 100% interest in the Bandeira Project located in Brazil. The company is based in Toronto, Canada.