Progressive Planet Solutions Inc Asset Resilience Ratio
Progressive Planet Solutions Inc asset resilience ratio. Progressive Planet Solutions Inc (PLAN) has an Asset Resilience Ratio of 3.70% as of April 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 operational self-sufficiency of Progressive Planet Solutions Inc to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Progressive Planet Solutions Inc (2011–2024)
Asset resilience ratio of Progressive Planet Solutions Inc from 2011 to 2024. This chart shows how Progressive Planet Solutions Inc's Asset Resilience Ratio has changed over time. Read PLAN total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Progressive Planet Solutions 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 Progressive Planet Solutions Inc (PLAN) total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.00 Million | 3.7% |
| Total Liquid Assets | CA$1.00 Million | 3.70% |
Asset Resilience Insights
- Limited Liquidity: Progressive Planet Solutions Inc maintains only 3.70% 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.
Progressive Planet Solutions Inc Industry Peers by Asset Resilience Ratio
Compare Progressive Planet Solutions Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
China Molybdenum Co. Ltd
F:D7N |
Other Industrial Metals & Mining | 2.61% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Tibet Mineral Development Co Ltd
SHE:000762 |
Other Industrial Metals & Mining | 0.67% |
|
Perenti Ltd
AU:PRN |
Other Industrial Metals & Mining | 8.69% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
Progressive Planet Solutions Inc Asset Resilience Ratio by Year (2011–2024)
Progressive Planet Solutions Inc asset resilience ratio by year from 2011 to 2024. The table below shows the annual Asset Resilience Ratio data for Progressive Planet Solutions Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-04-30 | 3.80% | CA$1.00 Million ≈ $723.38K |
CA$26.31 Million ≈ $19.03 Million |
-3.29pp |
| 2021-04-30 | 7.09% | CA$302.00K ≈ $218.46K |
CA$4.26 Million ≈ $3.08 Million |
-0.50pp |
| 2020-04-30 | 7.60% | CA$137.99K ≈ $99.82K |
CA$1.82 Million ≈ $1.31 Million |
+2.68pp |
| 2019-04-30 | 4.92% | CA$144.15K ≈ $104.28K |
CA$2.93 Million ≈ $2.12 Million |
+3.90pp |
| 2012-04-30 | 1.02% | CA$25.00K ≈ $18.08K |
CA$2.45 Million ≈ $1.77 Million |
-0.53pp |
| 2011-04-30 | 1.56% | CA$57.50K ≈ $41.59K |
CA$3.70 Million ≈ $2.67 Million |
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About Progressive Planet Solutions Inc
Progressive Planet Solutions Inc., together with its subsidiaries, primarily engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for natural pozzolan deposits. It holds 100% interest in the Z1 Zeolite property located 3 kms northeast of Cache Creek, British Columbia. The company also has an option agreement to acquire 100% interes… Read more