XXIX Metal Corp.
XXIX Metal Corp. engages in the exploration, development, and production of mineral properties in Canada. The company explores for copper, nickel, gold, and silver deposits. It focuses on the Opemiska copper project, which consists of 416 claims covering an area of 21,499.44 hectares located in the Chapais-Chibougamau region of Québec; and the Thierry copper project, which consists of 27 mineral … Read more
XXIX Metal Corp. - Asset Resilience Ratio
XXIX Metal Corp. (XXIX) has an Asset Resilience Ratio of 20.94% as of April 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2024)
This chart shows how XXIX Metal Corp.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down XXIX Metal Corp.'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$1.43 Million | 20.94% |
| Total Liquid Assets | CA$1.43 Million | 20.94% |
Asset Resilience Insights
- Good Liquidity Position: XXIX Metal Corp. maintains a healthy 20.94% 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.
XXIX Metal Corp. Industry Peers by Asset Resilience Ratio
Compare XXIX Metal Corp.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630 |
Copper | 0.44% |
|
North Copper Shanxi Co Ltd
SHE:000737 |
Copper | 0.13% |
|
Yunnan Copper Co Ltd
SHE:000878 |
Copper | 0.34% |
|
Zhejiang Hailiang Co Ltd
SHE:002203 |
Copper | 0.03% |
|
Poongsan Holdi
KO:005810 |
Copper | 0.19% |
|
First Copper Technology Co Ltd
TW:2009 |
Copper | 1.85% |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618 |
Copper | 0.00% |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697 |
Copper | 0.25% |
Annual Asset Resilience Ratio for XXIX Metal Corp. (2021–2024)
The table below shows the annual Asset Resilience Ratio data for XXIX Metal Corp..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-10-31 | 27.43% | CA$2.26 Million | CA$8.24 Million | -8.39pp |
| 2023-10-31 | 35.82% | CA$4.44 Million | CA$12.38 Million | -2.99pp |
| 2022-10-31 | 38.82% | CA$6.54 Million | CA$16.84 Million | -- |
| 2021-10-31 | 0.00% | CA$0.00 | CA$20.73 Million | -- |