Alto Metals Ltd

AU:AME Australia Gold
Market Cap
$43.06 Million
AU$69.54 Million AUD
Market Cap Rank
#25363 Global
#553 in Australia
Share Price
AU$0.09
Change (1 day)
+0.00%
52-Week Range
AU$0.09 - AU$0.09
All Time High
AU$0.15
About

Alto Metals Limited primarily explores for gold properties in Western Australia. It holds a 100% interest in Sandstone Gold project covering an area of approximately 740 square kilometers located in the East Murchison Mineral field in Western Australia. The company was formerly known as Enterprise Uranium Limited and changed its name to Alto Metals Limited in May 2016. Alto Metals Limited was inc… Read more

Alto Metals Ltd - Asset Resilience Ratio

Latest as of June 2023: 3.55%

Alto Metals Ltd (AME) has an Asset Resilience Ratio of 3.55% as of June 2023. 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
AU$1.08 Million
Cash + Short-term Investments
Total Assets
AU$30.31 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2023)

This chart shows how Alto Metals 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 Alto Metals 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$1.08 Million 3.55%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$1.08 Million 3.55%

Asset Resilience Insights

  • Limited Liquidity: Alto Metals Ltd maintains only 3.55% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Alto Metals Ltd Industry Peers by Asset Resilience Ratio

Compare Alto Metals Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Gold Royalty Corp.
NYSE MKT:GROY
Gold 0.76%
Gold Fields Limited
PINK:GFIOF
Gold 0.00%
Guskin Gold Corp
PINK:GKIN
Gold 13.37%
Mining Global Inc
PINK:MNGG
Gold 0.00%
Matmown Inc
PINK:MTMW
Gold 0.00%
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
Gold 4.22%
Bahvest Resources Bhd
KLSE:0098
Gold 31.41%

Annual Asset Resilience Ratio for Alto Metals Ltd (2015–2023)

The table below shows the annual Asset Resilience Ratio data for Alto Metals Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-06-30 3.55% AU$1.08 Million AU$30.31 Million -8.34pp
2022-06-30 11.89% AU$3.26 Million AU$27.39 Million -11.13pp
2021-06-30 23.02% AU$5.11 Million AU$22.19 Million +21.94pp
2020-06-30 1.08% AU$126.83K AU$11.69 Million -9.88pp
2019-06-30 10.97% AU$1.33 Million AU$12.10 Million +1.87pp
2018-06-30 9.10% AU$908.85K AU$9.99 Million -10.44pp
2017-06-30 19.54% AU$1.61 Million AU$8.24 Million +4.46pp
2016-06-30 15.09% AU$1.12 Million AU$7.44 Million +11.73pp
2015-06-30 3.35% AU$127.87K AU$3.81 Million --
pp = percentage points