Canstar Resources Inc - Asset Resilience Ratio
Canstar Resources Inc (ROX) has an Asset Resilience Ratio of 41.15% as of June 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. Check Canstar Resources Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2005–2023)
This chart shows how Canstar Resources Inc's Asset Resilience Ratio has changed over time. See ROX equity to assets ratio to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Canstar Resources 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 market value of Canstar Resources Inc.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$433.15K | 41.15% |
| Total Liquid Assets | CA$433.15K | 41.15% |
Asset Resilience Insights
- Very High Liquidity: Canstar Resources Inc maintains exceptional liquid asset reserves at 41.15% 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.
Canstar Resources Inc Industry Peers by Asset Resilience Ratio
Compare Canstar Resources 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% |
|
Vale S.A
F:CVLB |
Other Industrial Metals & Mining | 0.22% |
|
Teck Resources Limited
TO:TECK-B |
Other Industrial Metals & Mining | -2.10% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Ivanhoe Mines Ltd.
TO:IVN |
Other Industrial Metals & Mining | 0.50% |
|
RTG Mining Inc
AU:RTG |
Other Industrial Metals & Mining | 14.16% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
Annual Asset Resilience Ratio for Canstar Resources Inc (2005–2023)
The table below shows the annual Asset Resilience Ratio data for Canstar Resources Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 41.15% | CA$433.15K ≈ $313.33K |
CA$1.05 Million ≈ $761.41K |
+5.03pp |
| 2022-06-30 | 36.12% | CA$4.79 Million ≈ $3.46 Million |
CA$13.25 Million ≈ $9.58 Million |
+9.05pp |
| 2021-06-30 | 27.07% | CA$4.07 Million ≈ $2.94 Million |
CA$15.03 Million ≈ $10.87 Million |
+26.54pp |
| 2020-06-30 | 0.53% | CA$42.00K ≈ $30.38K |
CA$7.97 Million ≈ $5.76 Million |
-2.89pp |
| 2016-06-30 | 3.41% | CA$100.00K ≈ $72.34K |
CA$2.93 Million ≈ $2.12 Million |
-12.00pp |
| 2015-06-30 | 15.41% | CA$400.00K ≈ $289.35K |
CA$2.60 Million ≈ $1.88 Million |
-7.36pp |
| 2014-06-30 | 22.77% | CA$650.00K ≈ $470.20K |
CA$2.85 Million ≈ $2.07 Million |
+18.12pp |
| 2011-06-30 | 4.65% | CA$57.50K ≈ $41.59K |
CA$1.24 Million ≈ $893.76K |
-1.65pp |
| 2009-06-30 | 6.31% | CA$75.00K ≈ $54.25K |
CA$1.19 Million ≈ $860.44K |
-2.25pp |
| 2008-06-30 | 8.55% | CA$187.50K ≈ $135.63K |
CA$2.19 Million ≈ $1.59 Million |
+8.20pp |
| 2007-06-30 | 0.35% | CA$4.50K ≈ $3.26K |
CA$1.29 Million ≈ $929.70K |
+0.07pp |
| 2006-06-30 | 0.28% | CA$4.50K ≈ $3.26K |
CA$1.59 Million ≈ $1.15 Million |
+0.11pp |
| 2005-06-30 | 0.17% | CA$4.50K ≈ $3.26K |
CA$2.66 Million ≈ $1.93 Million |
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About Canstar Resources Inc
Canstar Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for zinc, silver, lead, copper, antimony, and gold deposits. Its flagship projects consist of the 100% owned Golden Baie project that includes 38 mineral exploration licenses covering 1,958 claims with an area of approximately 48,950 hectares located in t… Read more