Noram Lithium Corp - Asset Resilience Ratio

Latest as of January 2025: 0.00%

Noram Lithium Corp (NRM) has an Asset Resilience Ratio of 0.00% as of January 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. Check NRM strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$0.00
≈ $0.00 USD Cash + Short-term Investments

Total Assets

CA$6.30 Million
≈ $4.56 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2025)

This chart shows how Noram Lithium Corp's Asset Resilience Ratio has changed over time. See Noram Lithium Corp (NRM) balance sheet quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Noram Lithium Corp'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 Noram Lithium Corp (NRM) total market value.

Current Liquid Assets Breakdown

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

Asset Resilience Insights

  • Limited Liquidity: Noram Lithium Corp maintains only 0.00% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company maintains a balanced mix of cash and short-term investments.

Noram Lithium Corp Industry Peers by Asset Resilience Ratio

Compare Noram Lithium Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Glencore PLC
JSE:GLN
Other Industrial Metals & Mining 0.05%
Vale S.A
F:CVLB
Other Industrial Metals & Mining 0.22%
Teck Resources Limited
TO:TECK-B
Other Industrial Metals & Mining -2.10%
SOUTH32 Ltd
AU:S32
Other Industrial Metals & Mining 12.06%
Pilbara Minerals Ltd
AU:PLS
Other Industrial Metals & Mining 17.93%
Ivanhoe Mines Ltd.
TO:IVN
Other Industrial Metals & Mining 0.50%
RTG Mining Inc
AU:RTG
Other Industrial Metals & Mining 14.16%
IGO Ltd
AU:IGO
Other Industrial Metals & Mining 4.88%

Annual Asset Resilience Ratio for Noram Lithium Corp (2020–2025)

The table below shows the annual Asset Resilience Ratio data for Noram Lithium Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2025-01-31 0.00% CA$0.00
≈ $0.00
CA$6.30 Million
≈ $4.56 Million
--
2024-01-31 31.71% CA$2.67 Million
≈ $1.93 Million
CA$8.43 Million
≈ $6.10 Million
-43.03pp
2023-01-31 74.73% CA$10.64 Million
≈ $7.70 Million
CA$14.24 Million
≈ $10.30 Million
+49.50pp
2022-01-31 25.23% CA$1.50 Million
≈ $1.09 Million
CA$5.94 Million
≈ $4.30 Million
+10.35pp
2021-01-31 14.88% CA$750.00K
≈ $542.54K
CA$5.04 Million
≈ $3.65 Million
--
2020-01-31 0.00% CA$0.00
≈ $0.00
CA$3.20 Million
≈ $2.31 Million
--
pp = percentage points

About Noram Lithium Corp

V:NRM Canada Other Industrial Metals & Mining
Market Cap
$6.55 Million
CA$9.05 Million CAD
Market Cap Rank
#28020 Global
#1237 in Canada
Share Price
CA$0.10
Change (1 day)
-2.44%
52-Week Range
CA$0.09 - CA$0.20
All Time High
CA$1.25
About

Noram Lithium Corp., through its subsidiary Green Energy Resources Inc., engages in the acquisition, exploration, and development of mineral exploration properties in Canada and the United States. The company holds a 100% interest in the Zeus lithium project, which includes 146 placer claims and 136 lode claims covering an area of 1,113 hectares located in Clayton Valley, Nevada, United States. T… Read more