ABX Group Ltd Asset Resilience Ratio

Latest as of June 2024: 18.86%

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

AU$3.97 Million
≈ $2.81 Million USD Cash + Short-term Investments

Total Assets

AU$21.05 Million
≈ $14.89 Million USD All company assets

Resilience Assessment

Good
Financial Resilience Level

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
--
pp = percentage points

About ABX Group Ltd

AU:ABX Australia Aluminum
Market Cap
$3.37 Million
AU$4.77 Million AUD
Market Cap Rank
#29230 Global
#1605 in Australia
Share Price
AU$0.02
Change (1 day)
+0.00%
52-Week Range
AU$0.02 - AU$0.12
All Time High
AU$0.31
About

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