Thor Explorations Ltd. - Asset Resilience Ratio
Thor Explorations Ltd. (THX) has an Asset Resilience Ratio of 19.47% as of September 2011. 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 (2008–2010)
This chart shows how Thor Explorations Ltd.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Thor Explorations Ltd.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.20 Million | 19.47% |
| Total Liquid Assets | CA$1.20 Million | 19.47% |
Asset Resilience Insights
- Good Liquidity Position: Thor Explorations Ltd. maintains a healthy 19.47% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Thor Explorations Ltd. Industry Peers by Asset Resilience Ratio
Compare Thor Explorations Ltd.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Resource Base Ltd
AU:RBX |
Gold | 44.13% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
|
Asante Gold Corporation
F:1A9 |
Gold | 0.23% |
|
American Pacific Mining Corp
F:1QC1 |
Gold | 0.00% |
|
Rio2 Limited
F:1SB |
Gold | 0.04% |
|
AIS Resources Ltd
V:AIS |
Gold | 97.35% |
Annual Asset Resilience Ratio for Thor Explorations Ltd. (2008–2010)
The table below shows the annual Asset Resilience Ratio data for Thor Explorations Ltd..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2010-12-31 | 49.53% | CA$1.44 Million | CA$2.92 Million | -48.47pp |
| 2009-12-31 | 98.00% | CA$2.95 Million | CA$3.01 Million | +7.03pp |
| 2008-12-31 | 90.97% | CA$1.60 Million | CA$1.76 Million | -- |
About Thor Explorations Ltd.
Thor Explorations Ltd., together with its subsidiaries, operates as a gold producer and explorer. The company also explores for silver deposits. Its flagship property is the Segilola Gold Project in Nigeria. Thor Explorations Ltd. was incorporated in 1968 and is based in Vancouver, Canada.