Nortec Minerals Corp Asset Resilience Ratio
Nortec Minerals Corp asset resilience ratio. Nortec Minerals Corp (NVT) has an Asset Resilience Ratio of 0.59% as of March 2020. 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 defensive interval ratio of Nortec Minerals Corp to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Nortec Minerals Corp (2013–2018)
Asset resilience ratio of Nortec Minerals Corp from 2013 to 2018. This chart shows how Nortec Minerals Corp's Asset Resilience Ratio has changed over time. Read Nortec Minerals Corp (NVT) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Nortec Minerals 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 Nortec Minerals Corp (NVT) total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$18.75K | 0.59% |
| Total Liquid Assets | CA$18.75K | 0.59% |
Asset Resilience Insights
- Limited Liquidity: Nortec Minerals Corp maintains only 0.59% 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.
Nortec Minerals Corp Industry Peers by Asset Resilience Ratio
Compare Nortec Minerals Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
BHP Group Ltd
AU:BHP |
Other Industrial Metals & Mining | 11.90% |
|
Rio Tinto Group
MX:RION |
Other Industrial Metals & Mining | 0.43% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
MP Materials Corp
NYSE:MP |
Other Industrial Metals & Mining | 27.47% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Chengtun Mining Group Co Ltd
SHG:600711 |
Other Industrial Metals & Mining | 0.91% |
Nortec Minerals Corp Asset Resilience Ratio by Year (2013–2018)
Nortec Minerals Corp asset resilience ratio by year from 2013 to 2018. The table below shows the annual Asset Resilience Ratio data for Nortec Minerals Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$2.48 Million ≈ $1.79 Million |
-- |
| 2017-12-31 | 15.35% | CA$252.36K ≈ $182.55K |
CA$1.64 Million ≈ $1.19 Million |
-4.72pp |
| 2016-12-31 | 20.07% | CA$228.93K ≈ $165.60K |
CA$1.14 Million ≈ $825.08K |
+17.23pp |
| 2013-12-31 | 2.84% | CA$258.24K ≈ $186.80K |
CA$9.09 Million ≈ $6.58 Million |
-- |
About Nortec Minerals Corp
Nortec Minerals Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Canada, Ecuador, and Finland. The company explores for gold, zinc, copper, lead, silver, base metal, and lithium deposits. Nortec Minerals Corp. is headquartered in Vancouver, Canada.