MedMira Inc - Asset Resilience Ratio

Latest as of October 2002: 3.09%

MedMira Inc (MIR) has an Asset Resilience Ratio of 3.09% as of October 2002. 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 MIR FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Liquid Assets

CA$73.82K
≈ $53.40K USD Cash + Short-term Investments

Total Assets

CA$2.39 Million
≈ $1.73 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2001–2002)

This chart shows how MedMira Inc's Asset Resilience Ratio has changed over time. See MedMira Inc net asset quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down MedMira Inc'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 market cap of MedMira Inc.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$73.82K 3.09%
Total Liquid Assets CA$73.82K 3.09%

Asset Resilience Insights

  • Limited Liquidity: MedMira Inc maintains only 3.09% 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.

MedMira Inc Industry Peers by Asset Resilience Ratio

Compare MedMira Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Ascendis Pharma AS
NASDAQ:ASND
Biotechnology 0.00%
Biomarin Pharmaceutical Inc
NASDAQ:BMRN
Biotechnology 0.00%
Spyre Therapeutics Inc.
NASDAQ:SYRE
Biotechnology 84.34%
3SBio Inc
F:83B
Biotechnology 10.64%
Soleno Therapeutics Inc
NASDAQ:SLNO
Biotechnology 20.15%
Jiangxi Fushine Pharmaceutical Co Ltd
SHE:300497
Biotechnology 0.02%
Novavax Inc
NASDAQ:NVAX
Biotechnology 53.87%
BB Biotech AG
SW:BION
Biotechnology 0.05%

Annual Asset Resilience Ratio for MedMira Inc (2001–2002)

The table below shows the annual Asset Resilience Ratio data for MedMira Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2002-07-31 2.20% CA$73.82K
≈ $53.40K
CA$3.36 Million
≈ $2.43 Million
-0.19pp
2001-07-31 2.39% CA$72.35K
≈ $52.33K
CA$3.03 Million
≈ $2.19 Million
--
pp = percentage points

About MedMira Inc

V:MIR Canada Biotechnology
Market Cap
$33.00 Million
CA$45.61 Million CAD
Market Cap Rank
#23486 Global
#868 in Canada
Share Price
CA$0.07
Change (1 day)
+0.00%
52-Week Range
CA$0.06 - CA$0.10
All Time High
CA$0.70
About

MedMira Inc., a biotechnology company, researches, develops, manufactures, and sells rapid diagnostics and technology platforms in North America, Europe, and internationally. The company offers Reveal HIV, a test that detects antibodies to HIV-1 and HIV-2 in whole blood, serum, or plasma; Reveal TP, a rapid syphilis antibody test that detects treponema pallidum antibodies in serum, plasma, or who… Read more