ABX Group Ltd Asset Resilience Ratio
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. See ABX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of ABX Group Ltd (2016–2024)
Asset resilience ratio of ABX Group Ltd from 2016 to 2024. This chart shows how ABX Group Ltd's Asset Resilience Ratio has changed over time. Read how much debt does ABX Group Ltd carry for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see ABX current and non-current assets.
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 |
|---|---|---|
|
Jiangsu Asia Pacific Light Alloy Technology Co Ltd
SHE:002540 |
Aluminum | 1.58% |
|
Aluar Aluminio Argentino
BA:ALUA |
Aluminum | 4.73% |
|
Alpha Hpa Ltd
AU:A4N |
Aluminum | 9.25% |
|
Capral Ltd
AU:CAA |
Aluminum | 0.00% |
|
Cia Brasileira de Aluminio
SA:CBAV3 |
Aluminum | 0.53% |
|
Shandong Hongchuang Aluminum Industry Holding Co Ltd
SHE:002379 |
Aluminum | 11.64% |
|
Aluminum Corp of China Ltd
SHG:601600 |
Aluminum | 2.15% |
|
Yunnan Aluminium Co Ltd
SHE:000807 |
Aluminum | 6.31% |
ABX Group Ltd Asset Resilience Ratio by Year (2016–2024)
ABX Group Ltd asset resilience ratio by year from 2016 to 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 ≈ $115.33K |
AU$19.54 Million ≈ $13.82 Million |
+0.65pp |
| 2023-12-31 | 0.18% | AU$40.00K ≈ $28.30K |
AU$21.64 Million ≈ $15.31 Million |
-12.51pp |
| 2022-12-31 | 12.69% | AU$2.06 Million ≈ $1.46 Million |
AU$16.21 Million ≈ $11.47 Million |
-18.04pp |
| 2021-12-31 | 30.73% | AU$6.09 Million ≈ $4.31 Million |
AU$19.83 Million ≈ $14.03 Million |
+25.41pp |
| 2020-12-31 | 5.32% | AU$901.00K ≈ $637.51K |
AU$16.92 Million ≈ $11.97 Million |
+0.01pp |
| 2019-12-31 | 5.31% | AU$909.00K ≈ $643.18K |
AU$17.12 Million ≈ $12.11 Million |
-4.55pp |
| 2018-12-31 | 9.86% | AU$1.84 Million ≈ $1.30 Million |
AU$18.71 Million ≈ $13.24 Million |
-0.41pp |
| 2017-12-31 | 10.26% | AU$1.94 Million ≈ $1.37 Million |
AU$18.88 Million ≈ $13.36 Million |
+0.22pp |
| 2016-12-31 | 10.04% | AU$1.85 Million ≈ $1.31 Million |
AU$18.39 Million ≈ $13.01 Million |
-- |
About 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