Magna Mining Inc Asset Resilience Ratio
Magna Mining Inc asset resilience ratio. Magna Mining Inc (NICU) has an Asset Resilience Ratio of 0.03% as of March 2025. 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 Magna Mining Inc (NICU) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Magna Mining Inc (2022–2024)
Asset resilience ratio of Magna Mining Inc from 2022 to 2024. This chart shows how Magna Mining Inc's Asset Resilience Ratio has changed over time. Read Magna Mining Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Magna Mining Inc'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 Magna Mining Inc asset portfolio.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$58.00K | 0.03% |
| Total Liquid Assets | CA$58.00K | 0.03% |
Asset Resilience Insights
- Limited Liquidity: Magna Mining Inc maintains only 0.03% 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.
Magna Mining Inc Industry Peers by Asset Resilience Ratio
Compare Magna Mining Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
REalloys Inc.
NASDAQ:ALOY |
Other Industrial Metals & Mining | 0.03% |
|
Vale S.A
BA:VALE |
Other Industrial Metals & Mining | 0.21% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.03% |
|
MP Materials Corp
NYSE:MP |
Other Industrial Metals & Mining | 27.47% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 3.86% |
Magna Mining Inc Asset Resilience Ratio by Year (2022–2024)
Magna Mining Inc asset resilience ratio by year from 2022 to 2024. The table below shows the annual Asset Resilience Ratio data for Magna Mining Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.10% | CA$41.02K ≈ $29.67K |
CA$39.57 Million ≈ $28.62 Million |
-0.03pp |
| 2023-12-31 | 0.14% | CA$41.02K ≈ $29.67K |
CA$30.28 Million ≈ $21.90 Million |
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| 2022-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$25.07 Million ≈ $18.14 Million |
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About Magna Mining Inc
Magna Mining Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, cobalt, gold, and platinum group metal deposits. Its flagship properties include100% interest in the Crean Hill Project; and 84% interest in the Shakespeare Mine located in Sudbury, Canada. Magna Mining Inc. was founded in 2016 and is headq… Read more