Metals Creek Resources Corp - Asset Resilience Ratio

Latest as of September 2024: 0.11%

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.

Liquid Assets

CA$10.13K
Cash + Short-term Investments

Total Assets

CA$8.84 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2007–2023)

This chart shows how Metals Creek Resources Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

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.

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
Sama Resources Inc.
V:SME
Other Industrial Metals & Mining 10.09%
Transition Metals Corp
V:XTM
Other Industrial Metals & Mining 68.12%
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
Other Industrial Metals & Mining 1.58%
Shengda Mining Co Ltd
SHE:000603
Other Industrial Metals & Mining 4.86%
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
Other Industrial Metals & Mining 20.53%
China Tungsten and Hightech Materials Co Ltd
SHE:000657
Other Industrial Metals & Mining 0.00%
Guocheng Mining Co Ltd
SHE:000688
Other Industrial Metals & Mining 2.99%
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
Other Industrial Metals & Mining 1.13%

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 CA$9.02 Million -0.58pp
2022-12-31 3.06% CA$289.27K CA$9.47 Million -7.39pp
2021-12-31 10.45% CA$1.59 Million CA$15.18 Million +2.35pp
2020-12-31 8.10% CA$768.28K CA$9.48 Million +2.73pp
2019-12-31 5.37% CA$405.64K CA$7.55 Million -2.23pp
2018-12-31 7.61% CA$606.45K CA$7.97 Million -10.50pp
2017-12-31 18.11% CA$1.43 Million CA$7.90 Million -7.13pp
2016-12-31 25.24% CA$1.82 Million CA$7.22 Million +9.64pp
2015-12-31 15.60% CA$896.96K CA$5.75 Million -0.79pp
2014-12-31 16.39% CA$1.02 Million CA$6.22 Million +0.79pp
2013-12-31 15.60% CA$1.47 Million CA$9.43 Million -14.20pp
2012-12-31 29.80% CA$2.94 Million CA$9.86 Million -8.50pp
2011-12-31 38.30% CA$4.87 Million CA$12.72 Million +24.67pp
2010-12-31 13.63% CA$968.02K CA$7.10 Million -22.94pp
2009-12-31 36.57% CA$2.16 Million CA$5.89 Million +33.56pp
2008-12-31 3.01% CA$85.95K CA$2.85 Million -6.85pp
2007-12-31 9.86% CA$300.00K CA$3.04 Million --
pp = percentage points

About Metals Creek Resources Corp

V:MEK Canada Other Industrial Metals & Mining
Market Cap
$3.91 Million
CA$5.40 Million CAD
Market Cap Rank
#32641 Global
#1429 in Canada
Share Price
CA$0.03
Change (1 day)
-16.67%
52-Week Range
CA$0.02 - CA$0.05
All Time High
CA$0.22
About

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. It holds interests in the Flint Lake, Tillex, Ogden, and Shabaqua gold projects located in Ontario; the Cl… Read more