Metals Creek Resources Corp - Asset Resilience Ratio
Metals Creek Resources Corp (MEK) has an Asset Resilience Ratio of 0.11% as of September 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 Metals Creek Resources Corp (MEK) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2007–2023)
This chart shows how Metals Creek Resources Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Metals Creek Resources Corp total assets.
Liquid Assets Composition Over Time
This chart breaks down Metals Creek Resources Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore MEK long-term investment intensity to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$10.13K | 0.11% |
| Total Liquid Assets | CA$10.13K | 0.11% |
Asset Resilience Insights
- Limited Liquidity: Metals Creek Resources Corp maintains only 0.11% 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.
Metals Creek Resources Corp Industry Peers by Asset Resilience Ratio
Compare Metals Creek 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 Metals Creek Resources Corp (2007–2023)
The table below shows the annual Asset Resilience Ratio data for Metals Creek Resources Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 2.47% | CA$223.26K ≈ $161.50K |
CA$9.02 Million ≈ $6.53 Million |
-0.58pp |
| 2022-12-31 | 3.06% | CA$289.27K ≈ $209.25K |
CA$9.47 Million ≈ $6.85 Million |
-7.39pp |
| 2021-12-31 | 10.45% | CA$1.59 Million ≈ $1.15 Million |
CA$15.18 Million ≈ $10.98 Million |
+2.35pp |
| 2020-12-31 | 8.10% | CA$768.28K ≈ $555.76K |
CA$9.48 Million ≈ $6.86 Million |
+2.73pp |
| 2019-12-31 | 5.37% | CA$405.64K ≈ $293.43K |
CA$7.55 Million ≈ $5.46 Million |
-2.23pp |
| 2018-12-31 | 7.61% | CA$606.45K ≈ $438.70K |
CA$7.97 Million ≈ $5.77 Million |
-10.50pp |
| 2017-12-31 | 18.11% | CA$1.43 Million ≈ $1.04 Million |
CA$7.90 Million ≈ $5.72 Million |
-7.13pp |
| 2016-12-31 | 25.24% | CA$1.82 Million ≈ $1.32 Million |
CA$7.22 Million ≈ $5.22 Million |
+9.64pp |
| 2015-12-31 | 15.60% | CA$896.96K ≈ $648.84K |
CA$5.75 Million ≈ $4.16 Million |
-0.79pp |
| 2014-12-31 | 16.39% | CA$1.02 Million ≈ $737.09K |
CA$6.22 Million ≈ $4.50 Million |
+0.79pp |
| 2013-12-31 | 15.60% | CA$1.47 Million ≈ $1.06 Million |
CA$9.43 Million ≈ $6.82 Million |
-14.20pp |
| 2012-12-31 | 29.80% | CA$2.94 Million ≈ $2.12 Million |
CA$9.86 Million ≈ $7.13 Million |
-8.50pp |
| 2011-12-31 | 38.30% | CA$4.87 Million ≈ $3.52 Million |
CA$12.72 Million ≈ $9.20 Million |
+24.67pp |
| 2010-12-31 | 13.63% | CA$968.02K ≈ $700.25K |
CA$7.10 Million ≈ $5.14 Million |
-22.94pp |
| 2009-12-31 | 36.57% | CA$2.16 Million ≈ $1.56 Million |
CA$5.89 Million ≈ $4.26 Million |
+33.56pp |
| 2008-12-31 | 3.01% | CA$85.95K ≈ $62.17K |
CA$2.85 Million ≈ $2.06 Million |
-6.85pp |
| 2007-12-31 | 9.86% | CA$300.00K ≈ $217.02K |
CA$3.04 Million ≈ $2.20 Million |
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About Metals Creek Resources Corp
Metals Creek Resources Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral resource properties in Canada. The company primarily explores for gold, copper, base metals, and platinum group metal deposits, as well as diamonds. The company was incorporated in 2004 and is headquartered in Thunder Bay, Canada.