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 ZNX working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2020)
This chart shows how ZincX Resources Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see ZincX Resources Corp (ZNX) total assets.
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. Read how much debt does ZincX Resources Corp carry for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Glencore PLC
JSE:GLN |
Other Industrial Metals & Mining | 0.05% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Inomin Mines Inc
V:MINE |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
RIO Tinto Ltd
AU:RIO |
Other Industrial Metals & Mining | 0.45% |
Annual Asset Resilience Ratio for ZincX Resources Corp (2017–2020)
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