Magnetic North Acquisition Corp Asset Resilience Ratio
Magnetic North Acquisition Corp asset resilience ratio. Magnetic North Acquisition Corp (MNC) has an Asset Resilience Ratio of 2.69% 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 Magnetic North Acquisition Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Magnetic North Acquisition Corp (2019–2023)
Asset resilience ratio of Magnetic North Acquisition Corp from 2019 to 2023. This chart shows how Magnetic North Acquisition Corp's Asset Resilience Ratio has changed over time. Read Magnetic North Acquisition Corp (MNC) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Magnetic North Acquisition 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 Magnetic North Acquisition Corp total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$27.40K | 2.69% |
| Total Liquid Assets | CA$27.40K | 2.69% |
Asset Resilience Insights
- Limited Liquidity: Magnetic North Acquisition Corp maintains only 2.69% 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.
Magnetic North Acquisition Corp Industry Peers by Asset Resilience Ratio
Compare Magnetic North Acquisition Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Computershare Ltd
AU:CPU |
Capital Markets | 24.11% |
|
Terawulf Inc
NASDAQ:WULF |
Capital Markets | 0.00% |
|
ChinaLin Securities Co Ltd
SHE:002945 |
Capital Markets | 5.53% |
|
Bolsas y Mercados Argentinos SA
BA:BYMA |
Capital Markets | 21.67% |
|
HIVE Digital Technologies Ltd.
V:HIVE |
Capital Markets | 1.94% |
|
Yulie Sekurindo Tbk
JK:YULE |
Capital Markets | 83.86% |
|
Bell Financial Group Ltd
AU:BFG |
Capital Markets | 0.32% |
|
Sangsangin Investment & Securities Co Ltd
KO:001290 |
Capital Markets | 0.14% |
Magnetic North Acquisition Corp Asset Resilience Ratio by Year (2019–2023)
Magnetic North Acquisition Corp asset resilience ratio by year from 2019 to 2023. The table below shows the annual Asset Resilience Ratio data for Magnetic North Acquisition Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-09-30 | 0.20% | CA$27.40K ≈ $19.82K |
CA$14.02 Million ≈ $10.14 Million |
-0.33pp |
| 2021-09-30 | 0.52% | CA$27.40K ≈ $19.82K |
CA$5.24 Million ≈ $3.79 Million |
-0.52pp |
| 2019-09-30 | 1.04% | CA$22.79K ≈ $16.48K |
CA$2.19 Million ≈ $1.58 Million |
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About Magnetic North Acquisition Corp
Magnetic North Acquisition Corp. engages in the merchant banking business in Canada. The company provides strategic and financial advice and services to companies in the clean power technology, consumer products, manufacturing, and information technology sectors. It also focuses on investing in various industries, such as clean power technology, oilfield services, consumer products, and software … Read more