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. Check ABX capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see ABX Group Ltd (ABX) market capitalisation.
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 |
|---|---|---|
|
China Hongqiao Group Ltd
F:H0Q |
Aluminum | 3.21% |
|
Henan Mingtai Al.Industrial Co Ltd
SHG:601677 |
Aluminum | 4.58% |
|
Optics Technology Holding Co Ltd
SHE:300489 |
Aluminum | -0.03% |
|
Gränges AB (publ)
ST:GRNG |
Aluminum | -1.12% |
|
Jiaozuo Wanfang Aluminum
SHE:000612 |
Aluminum | 1.24% |
|
Anhui Xinbo Aluminum Co Ltd
SHE:003038 |
Aluminum | 0.02% |
|
Choil Aluminum
KO:018470 |
Aluminum | 5.30% |
|
Aluar Aluminio Argentino
BA:ALUA |
Aluminum | 4.73% |
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 ≈ $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 |
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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