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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2011–2024)
This chart shows how Progressive Planet Solutions Inc's Asset Resilience Ratio has changed over time. Check PLAN PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see Progressive Planet Solutions Inc market cap and net worth.
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% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.04% |
|
MP Materials Corp
NYSE:MP |
Other Industrial Metals & Mining | 50.89% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716 |
Other Industrial Metals & Mining | -3.76% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Alphamin Res
V:AFM |
Other Industrial Metals & Mining | 0.00% |
|
Lithium Americas Corp
TO:LAC |
Other Industrial Metals & Mining | 15.88% |
Annual Asset Resilience Ratio for Progressive Planet Solutions Inc (2011–2024)
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