Palamina Corp Asset Resilience Ratio
Palamina Corp asset resilience ratio. Palamina Corp (PA) has an Asset Resilience Ratio of 65.21% as of March 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 Palamina Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Palamina Corp (2015–2015)
Asset resilience ratio of Palamina Corp from 2015 to 2015. This chart shows how Palamina Corp's Asset Resilience Ratio has changed over time. Read debt load of Palamina Corp for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Palamina 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 Palamina Corp total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$2.01 Million | 65.21% |
| Total Liquid Assets | CA$2.01 Million | 65.21% |
Asset Resilience Insights
- Very High Liquidity: Palamina Corp maintains exceptional liquid asset reserves at 65.21% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Palamina Corp Industry Peers by Asset Resilience Ratio
Compare Palamina Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Contango ORE Inc
NYSE MKT:CTGO |
Gold | 0.00% |
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.03% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Alamos Gold Inc
TO:AGI |
Gold | 8.52% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
De Grey Mining Ltd
AU:DEG |
Gold | 57.44% |
Palamina Corp Asset Resilience Ratio by Year (2015–2015)
Palamina Corp asset resilience ratio by year from 2015 to 2015. The table below shows the annual Asset Resilience Ratio data for Palamina Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2015-12-31 | 98.18% | CA$1.56 Million ≈ $1.13 Million |
CA$1.59 Million ≈ $1.15 Million |
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About Palamina Corp
Palamina Corp. engages in the exploration of mineral deposits in Peru. It primarily explores for gold, silver, and copper deposits. The company holds interest in gold projects located in Usicayos, Panorama, Bendi, and Cori, Peru. Palamina Corp. was incorporated in 2015 and is headquartered in Toronto, Canada.