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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how Lithium Ionic Corp's Asset Resilience Ratio has changed over time. Check Lithium Ionic Corp PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see LTH company net worth.
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% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.04% |
|
MP Materials Corp
NYSE:MP |
Other Industrial Metals & Mining | 50.89% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716 |
Other Industrial Metals & Mining | -3.76% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Alphamin Res
V:AFM |
Other Industrial Metals & Mining | 0.00% |
|
Lithium Americas Corp
TO:LAC |
Other Industrial Metals & Mining | 15.88% |
Annual Asset Resilience Ratio for Lithium Ionic Corp (2021–2023)
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.