Accelerate Resources Ltd Asset Resilience Ratio
Accelerate Resources Ltd asset resilience ratio. Accelerate Resources Ltd (AX8) has an Asset Resilience Ratio of 0.61% as of December 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. See Accelerate Resources Ltd (AX8) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Accelerate Resources Ltd (2018–2023)
Asset resilience ratio of Accelerate Resources Ltd from 2018 to 2023. This chart shows how Accelerate Resources Ltd's Asset Resilience Ratio has changed over time. Read Accelerate Resources Ltd (AX8) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Accelerate Resources 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 Accelerate Resources Ltd asset portfolio.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$63.36K | 0.61% |
| Total Liquid Assets | AU$63.36K | 0.61% |
Asset Resilience Insights
- Limited Liquidity: Accelerate Resources Ltd maintains only 0.61% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Accelerate Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Accelerate Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716 |
Other Industrial Metals & Mining | -3.76% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 28.52% |
|
Huludao Zinc Industry Co Ltd
SHE:000751 |
Other Industrial Metals & Mining | 0.01% |
|
Major Drilling Group International
TO:MDI |
Other Industrial Metals & Mining | 12.07% |
Accelerate Resources Ltd Asset Resilience Ratio by Year (2018–2023)
Accelerate Resources Ltd asset resilience ratio by year from 2018 to 2023. The table below shows the annual Asset Resilience Ratio data for Accelerate Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 0.57% | AU$46.00K ≈ $32.55K |
AU$8.03 Million ≈ $5.69 Million |
-0.12pp |
| 2022-06-30 | 0.69% | AU$46.00K ≈ $32.55K |
AU$6.69 Million ≈ $4.73 Million |
-0.90pp |
| 2021-06-30 | 1.59% | AU$60.00K ≈ $42.45K |
AU$3.78 Million ≈ $2.68 Million |
+0.81pp |
| 2020-06-30 | 0.78% | AU$27.38K ≈ $19.37K |
AU$3.53 Million ≈ $2.50 Million |
-1.24pp |
| 2019-06-30 | 2.02% | AU$86.38K ≈ $61.12K |
AU$4.28 Million ≈ $3.03 Million |
+1.21pp |
| 2018-06-30 | 0.81% | AU$51.00K ≈ $36.09K |
AU$6.28 Million ≈ $4.44 Million |
-- |
About Accelerate Resources Ltd
Accelerate Resources Limited operates as a mineral exploration company in Australia. The company explores for manganese, gold, lithium, and critical mineral deposits. Accelerate Resources Limited was incorporated in 2017 and is based in West Perth, Australia.