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. Check Palamina Corp (PA) strategic asset index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2015)
This chart shows how Palamina Corp's Asset Resilience Ratio has changed over time. See how leveraged is Palamina Corp's balance sheet to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see Palamina Corp stock valuation.
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 |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.00% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Coeur Mining Inc
NYSE:CDE |
Gold | 11.79% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
Annual Asset Resilience Ratio for Palamina Corp (2015–2015)
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 and Mexico. The company primarily explores for gold, silver, and copper deposits. Its flagship project is the 100% owned Usicayos Gold project comprising 11,612 hectares of mineral concessions in Peru. Palamina Corp. was incorporated in 2015 and is headquartered in Toronto, Canada.