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 AX8 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2023)
This chart shows how Accelerate Resources Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Accelerate Resources Ltd.
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. Read Accelerate Resources Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Fortescue Ltd
AU:FMG |
Other Industrial Metals & Mining | 15.12% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497 |
Other Industrial Metals & Mining | 0.00% |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962 |
Other Industrial Metals & Mining | -0.30% |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961 |
Other Industrial Metals & Mining | 1.74% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Tibet Huayu Mining Co Ltd
SHG:601020 |
Other Industrial Metals & Mining | 0.12% |
Annual Asset Resilience Ratio for Accelerate Resources Ltd (2018–2023)
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 |
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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.