Spruce Ridge Resources Ltd. - Asset Resilience Ratio

Latest as of October 2025: 30.19%

Spruce Ridge Resources Ltd. (SHL) has an Asset Resilience Ratio of 30.19% as of October 2025. 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. Read Spruce Ridge Resources Ltd. debt and liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CA$3.00 Million
≈ $2.17 Million USD Cash + Short-term Investments

Total Assets

CA$9.95 Million
≈ $7.19 Million USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2007–2025)

This chart shows how Spruce Ridge Resources Ltd.'s Asset Resilience Ratio has changed over time. See net assets of Spruce Ridge Resources Ltd. for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Spruce Ridge Resources Ltd.'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 Spruce Ridge Resources Ltd. (SHL) market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$3.00 Million 30.19%
Total Liquid Assets CA$3.00 Million 30.19%

Asset Resilience Insights

  • Very High Liquidity: Spruce Ridge Resources Ltd. maintains exceptional liquid asset reserves at 30.19% 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.

Spruce Ridge Resources Ltd. Industry Peers by Asset Resilience Ratio

Compare Spruce Ridge Resources Ltd.'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Baiyin Nonferrous Group Co Ltd
SHG:601212
Other Industrial Metals & Mining 0.03%
Pilbara Minerals Ltd
AU:PLS
Other Industrial Metals & Mining 17.93%
SOUTH32 Ltd
AU:S32
Other Industrial Metals & Mining 12.06%
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
Other Industrial Metals & Mining 20.53%
Zhuzhou Smelter Group Co Ltd
SHG:600961
Other Industrial Metals & Mining 0.04%
IGO Ltd
AU:IGO
Other Industrial Metals & Mining 4.88%
Shandong Humon Smelting Co Ltd
SHE:002237
Other Industrial Metals & Mining 0.01%
Advanced Technology & Materials Co Ltd
SHE:000969
Other Industrial Metals & Mining 0.05%

Annual Asset Resilience Ratio for Spruce Ridge Resources Ltd. (2007–2025)

The table below shows the annual Asset Resilience Ratio data for Spruce Ridge Resources Ltd..

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2025-04-30 35.26% CA$3.57 Million
≈ $2.58 Million
CA$10.11 Million
≈ $7.31 Million
-15.11pp
2024-04-30 50.36% CA$7.27 Million
≈ $5.26 Million
CA$14.43 Million
≈ $10.44 Million
-35.64pp
2023-04-30 86.01% CA$9.09 Million
≈ $6.58 Million
CA$10.57 Million
≈ $7.64 Million
+46.00pp
2022-04-30 40.01% CA$6.74 Million
≈ $4.87 Million
CA$16.84 Million
≈ $12.18 Million
+14.37pp
2021-04-30 25.64% CA$8.75 Million
≈ $6.33 Million
CA$34.13 Million
≈ $24.69 Million
-13.82pp
2020-04-30 39.46% CA$4.67 Million
≈ $3.38 Million
CA$11.85 Million
≈ $8.57 Million
+39.45pp
2019-04-30 0.01% CA$154.00
≈ $111.40
CA$1.92 Million
≈ $1.39 Million
0.00pp
2018-04-30 0.01% CA$154.00
≈ $111.40
CA$1.49 Million
≈ $1.08 Million
-1.13pp
2017-04-30 1.14% CA$16.74K
≈ $12.11K
CA$1.47 Million
≈ $1.07 Million
-0.66pp
2016-04-30 1.80% CA$25.55K
≈ $18.49K
CA$1.42 Million
≈ $1.03 Million
+0.99pp
2015-04-30 0.81% CA$10.79K
≈ $7.81K
CA$1.33 Million
≈ $962.80K
-0.43pp
2014-04-30 1.24% CA$16.89K
≈ $12.21K
CA$1.36 Million
≈ $983.83K
-3.87pp
2013-04-30 5.11% CA$82.45K
≈ $59.65K
CA$1.61 Million
≈ $1.17 Million
-10.56pp
2012-04-30 15.67% CA$191.60K
≈ $138.60K
CA$1.22 Million
≈ $884.35K
-63.93pp
2011-04-30 79.61% CA$4.38 Million
≈ $3.17 Million
CA$5.50 Million
≈ $3.98 Million
-0.18pp
2010-04-30 79.79% CA$4.26 Million
≈ $3.08 Million
CA$5.34 Million
≈ $3.86 Million
+74.94pp
2009-04-30 4.85% CA$155.48K
≈ $112.47K
CA$3.21 Million
≈ $2.32 Million
-74.81pp
2008-04-30 79.66% CA$3.49 Million
≈ $2.53 Million
CA$4.38 Million
≈ $3.17 Million
-12.70pp
2007-04-30 92.36% CA$5.06 Million
≈ $3.66 Million
CA$5.48 Million
≈ $3.97 Million
--
pp = percentage points

About Spruce Ridge Resources Ltd.

V:SHL Canada Other Industrial Metals & Mining
Market Cap
$75.24 Million
CA$104.00 Million CAD
Market Cap Rank
#20293 Global
#703 in Canada
Share Price
CA$0.46
Change (1 day)
-2.13%
52-Week Range
CA$0.04 - CA$0.70
All Time High
CA$0.70
About

Homeland Nickel Inc., together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada and the United States. It explores for copper, gold, and nickel deposits. The company was formerly known as Spruce Ridge Resources Ltd. and changed its name to Homeland Nickel Inc. in May 2024. Homeland Nickel Inc. was incorporated in 1989 and … Read more