ABX Group Ltd
ABx Group Limited engages in the exploration and development of bauxite resources in Australia. The company develops the Sunrise project located in Queensland; the DL130 bauxite project located in Tasmania; and Deep Leads rare earth project located in Tasmania. It is also involved in producing industrial chemicals from aluminium smelter waste. The company also involved in supplying rare earth ele… Read more
ABX Group Ltd - Asset Resilience Ratio
ABX Group Ltd (ABX) has an Asset Resilience Ratio of 18.86% as of June 2024. 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 (2016–2024)
This chart shows how ABX Group 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 ABX Group 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 | AU$0.00 | 0% |
| Short-term Investments | AU$3.97 Million | 18.86% |
| Total Liquid Assets | AU$3.97 Million | 18.86% |
Asset Resilience Insights
- Good Liquidity Position: ABX Group Ltd maintains a healthy 18.86% 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.
ABX Group Ltd Industry Peers by Asset Resilience Ratio
Compare ABX Group Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Jiaozuo Wanfang Aluminum
SHE:000612 |
Aluminum | 1.24% |
|
Daeho Al Co. Ltd.
KO:069460 |
Aluminum | 6.45% |
|
Yunnan Aluminium Co Ltd
SHE:000807 |
Aluminum | 6.31% |
|
Henan Shenhuo Coal & Power Co Ltd
SHE:000933 |
Aluminum | 3.97% |
|
Aluko Co Ltd
KO:001780 |
Aluminum | 1.59% |
|
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101 |
Aluminum | 5.56% |
|
Jiangsu Alcha Aluminium Co Ltd
SHE:002160 |
Aluminum | 0.02% |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182 |
Aluminum | 2.04% |
Annual Asset Resilience Ratio for ABX Group Ltd (2016–2024)
The table below shows the annual Asset Resilience Ratio data for ABX Group Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.83% | AU$163.00K | AU$19.54 Million | +0.65pp |
| 2023-12-31 | 0.18% | AU$40.00K | AU$21.64 Million | -12.51pp |
| 2022-12-31 | 12.69% | AU$2.06 Million | AU$16.21 Million | -18.04pp |
| 2021-12-31 | 30.73% | AU$6.09 Million | AU$19.83 Million | +25.41pp |
| 2020-12-31 | 5.32% | AU$901.00K | AU$16.92 Million | +0.01pp |
| 2019-12-31 | 5.31% | AU$909.00K | AU$17.12 Million | -4.55pp |
| 2018-12-31 | 9.86% | AU$1.84 Million | AU$18.71 Million | -0.41pp |
| 2017-12-31 | 10.26% | AU$1.94 Million | AU$18.88 Million | +0.22pp |
| 2016-12-31 | 10.04% | AU$1.85 Million | AU$18.39 Million | -- |