ZincX Resources Corp Asset Resilience Ratio
ZincX Resources Corp asset resilience ratio. ZincX Resources Corp (ZNX) has an Asset Resilience Ratio of 1.43% as of March 2021. 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 operational self-sufficiency of ZincX Resources Corp to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of ZincX Resources Corp (2017–2020)
Asset resilience ratio of ZincX Resources Corp from 2017 to 2020. This chart shows how ZincX Resources Corp's Asset Resilience Ratio has changed over time. Read ZincX Resources Corp balance sheet liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down ZincX Resources Corp'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 ZNX current and non-current assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.12 Million | 1.43% |
| Total Liquid Assets | CA$1.12 Million | 1.43% |
Asset Resilience Insights
- Limited Liquidity: ZincX Resources Corp maintains only 1.43% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
ZincX Resources Corp Industry Peers by Asset Resilience Ratio
Compare ZincX Resources Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
China Molybdenum Co. Ltd
F:D7N |
Other Industrial Metals & Mining | 2.61% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Tibet Mineral Development Co Ltd
SHE:000762 |
Other Industrial Metals & Mining | 0.67% |
|
Perenti Ltd
AU:PRN |
Other Industrial Metals & Mining | 8.69% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
ZincX Resources Corp Asset Resilience Ratio by Year (2017–2020)
ZincX Resources Corp asset resilience ratio by year from 2017 to 2020. The table below shows the annual Asset Resilience Ratio data for ZincX Resources Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-06-30 | 3.11% | CA$2.46 Million ≈ $1.78 Million |
CA$79.03 Million ≈ $57.17 Million |
-0.14pp |
| 2019-06-30 | 3.26% | CA$2.57 Million ≈ $1.86 Million |
CA$78.84 Million ≈ $57.03 Million |
-1.88pp |
| 2018-06-30 | 5.13% | CA$4.06 Million ≈ $2.94 Million |
CA$79.11 Million ≈ $57.22 Million |
-0.01pp |
| 2017-06-30 | 5.14% | CA$4.13 Million ≈ $2.99 Million |
CA$80.31 Million ≈ $58.09 Million |
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About ZincX Resources Corp
ZincX Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. It primarily explores for zinc, lead, and silver deposits. The company's flagship project is the 100% owned Akie property comprising 46 mineral claims covering an area of 116 square kilometers located in northeastern British Columbia. The company was formerly known … Read more