Quebec Precious Metals Corporation Asset Resilience Ratio
Quebec Precious Metals Corporation asset resilience ratio. Quebec Precious Metals Corporation (QPM) has an Asset Resilience Ratio of 52.23% as of October 2023. 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 Quebec Precious Metals Corporation (QPM) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Quebec Precious Metals Corporation (2017–2023)
Asset resilience ratio of Quebec Precious Metals Corporation from 2017 to 2023. This chart shows how Quebec Precious Metals Corporation's Asset Resilience Ratio has changed over time. Read total liabilities of Quebec Precious Metals Corporation for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Quebec Precious Metals Corporation'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 total assets of Quebec Precious Metals Corporation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.24 Million | 52.23% |
| Total Liquid Assets | CA$1.24 Million | 52.23% |
Asset Resilience Insights
- Very High Liquidity: Quebec Precious Metals Corporation maintains exceptional liquid asset reserves at 52.23% 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.
Quebec Precious Metals Corporation Industry Peers by Asset Resilience Ratio
Compare Quebec Precious Metals Corporation'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% |
Quebec Precious Metals Corporation Asset Resilience Ratio by Year (2017–2023)
Quebec Precious Metals Corporation asset resilience ratio by year from 2017 to 2023. The table below shows the annual Asset Resilience Ratio data for Quebec Precious Metals Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-01-31 | 50.24% | CA$1.15 Million ≈ $833.28K |
CA$2.29 Million ≈ $1.66 Million |
+46.33pp |
| 2022-01-31 | 3.91% | CA$137.37K ≈ $99.37K |
CA$3.51 Million ≈ $2.54 Million |
-14.66pp |
| 2021-01-31 | 18.57% | CA$614.53K ≈ $444.54K |
CA$3.31 Million ≈ $2.39 Million |
-28.52pp |
| 2020-01-31 | 47.09% | CA$3.63 Million ≈ $2.63 Million |
CA$7.72 Million ≈ $5.58 Million |
+46.88pp |
| 2019-01-31 | 0.22% | CA$30.00K ≈ $21.70K |
CA$13.92 Million ≈ $10.07 Million |
-2.64pp |
| 2018-01-31 | 2.86% | CA$135.00K ≈ $97.66K |
CA$4.72 Million ≈ $3.41 Million |
-1.94pp |
| 2017-01-31 | 4.80% | CA$126.95K ≈ $91.84K |
CA$2.65 Million ≈ $1.91 Million |
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About Quebec Precious Metals Corporation
Quebec Precious Metals Corporation engages in the acquisition, exploration, and development of mining projects in Canada. The company explores for gold and rare earth metals. Quebec Precious Metals Corporation was formerly known as Canada Strategic Metals Inc. and changed its name to Quebec Precious Metals Corporation in June 2018. The company was founded in 1984 and is based in Montreal, Canada.… Read more