Progressive Planet Solutions Inc - Asset Resilience Ratio

Latest as of April 2024: 3.70%

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 working capital to net assets of Progressive Planet Solutions Inc to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$1.00 Million
≈ $723.38K USD Cash + Short-term Investments

Total Assets

CA$27.04 Million
≈ $19.56 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2011–2024)

This chart shows how Progressive Planet Solutions Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see PLAN asset base.

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. Explore Progressive Planet Solutions Inc (PLAN) investment intensity to see how much of total assets are deployed in long-term investments.

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
Glencore PLC
JSE:GLN
Other Industrial Metals & Mining 0.05%
SOUTH32 Ltd
AU:S32
Other Industrial Metals & Mining 12.06%
Inomin Mines Inc
V:MINE
Other Industrial Metals & Mining 0.00%
Nanning Chemical Industry Co Ltd
SHG:600301
Other Industrial Metals & Mining 0.00%
Rising Nonferrous Metals Share Co Ltd
SHG:600259
Other Industrial Metals & Mining 7.31%
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
Other Industrial Metals & Mining 20.53%
Vale Indonesia Tbk
JK:INCO
Other Industrial Metals & Mining 0.07%
RIO Tinto Ltd
AU:RIO
Other Industrial Metals & Mining 0.45%

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
--
pp = percentage points

About Progressive Planet Solutions Inc

V:PLAN Canada Other Industrial Metals & Mining
Market Cap
$27.00 Million
CA$37.32 Million CAD
Market Cap Rank
#24210 Global
#909 in Canada
Share Price
CA$0.34
Change (1 day)
+1.49%
52-Week Range
CA$0.27 - CA$0.41
All Time High
CA$58.50
About

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