Alliance Nickel Ltd Asset Resilience Ratio

Latest as of December 2024: 4.21%

Alliance Nickel Ltd asset resilience ratio. Alliance Nickel Ltd (AXN) has an Asset Resilience Ratio of 4.21% as of December 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 AXN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Liquid Assets

AU$2.37 Million
≈ $1.67 Million USD Cash + Short-term Investments

Total Assets

AU$56.18 Million
≈ $39.75 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Alliance Nickel Ltd (1995–2024)

Asset resilience ratio of Alliance Nickel Ltd from 1995 to 2024. This chart shows how Alliance Nickel Ltd's Asset Resilience Ratio has changed over time. Read Alliance Nickel Ltd (AXN) total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Alliance Nickel 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 Alliance Nickel Ltd assets under control.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$2.37 Million 4.21%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$2.37 Million 4.21%

Asset Resilience Insights

  • Limited Liquidity: Alliance Nickel Ltd maintains only 4.21% 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.

Alliance Nickel Ltd Industry Peers by Asset Resilience Ratio

Compare Alliance Nickel Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Rio Tinto Group
F:RIOA
Other Industrial Metals & Mining 0.43%
China Molybdenum Co. Ltd
F:D7N
Other Industrial Metals & Mining 2.61%
Baiyin Nonferrous Group Co Ltd
SHG:601212
Other Industrial Metals & Mining 0.00%
Nanning Chemical Industry Co Ltd
SHG:600301
Other Industrial Metals & Mining 0.00%
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378
Other Industrial Metals & Mining 0.04%
Tibet Mineral Development Co Ltd
SHE:000762
Other Industrial Metals & Mining 0.67%
Perenti Ltd
AU:PRN
Other Industrial Metals & Mining 8.69%
Vizsla Silver Corp.
TO:VZLA
Other Industrial Metals & Mining 57.40%

Alliance Nickel Ltd Asset Resilience Ratio by Year (1995–2024)

Alliance Nickel Ltd asset resilience ratio by year from 1995 to 2024. The table below shows the annual Asset Resilience Ratio data for Alliance Nickel Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 2.66% AU$1.39 Million
≈ $982.80K
AU$52.26 Million
≈ $36.97 Million
-12.08pp
2023-06-30 14.74% AU$7.73 Million
≈ $5.47 Million
AU$52.45 Million
≈ $37.11 Million
+13.12pp
2022-06-30 1.61% AU$564.57K
≈ $399.47K
AU$34.97 Million
≈ $24.74 Million
+1.60pp
2021-06-30 0.02% AU$6.00K
≈ $4.25K
AU$33.62 Million
≈ $23.79 Million
-0.01pp
2011-06-30 0.02% AU$8.25K
≈ $5.84K
AU$33.60 Million
≈ $23.77 Million
0.00pp
2010-06-30 0.03% AU$8.25K
≈ $5.84K
AU$32.54 Million
≈ $23.02 Million
0.00pp
2009-06-30 0.03% AU$8.25K
≈ $5.84K
AU$30.00 Million
≈ $21.23 Million
+0.00pp
2008-06-30 0.03% AU$8.25K
≈ $5.84K
AU$31.24 Million
≈ $22.10 Million
-0.04pp
2007-06-30 0.06% AU$8.25K
≈ $5.84K
AU$13.40 Million
≈ $9.48 Million
-0.02pp
2006-06-30 0.09% AU$8.25K
≈ $5.84K
AU$9.59 Million
≈ $6.79 Million
-0.03pp
2005-06-30 0.11% AU$9.38K
≈ $6.63K
AU$8.22 Million
≈ $5.82 Million
-0.01pp
2004-06-30 0.13% AU$10.12K
≈ $7.16K
AU$7.91 Million
≈ $5.59 Million
-5.70pp
1995-06-30 5.82% AU$101.00K
≈ $71.46K
AU$1.73 Million
≈ $1.23 Million
--
pp = percentage points

About Alliance Nickel Ltd

AU:AXN Australia Other Industrial Metals & Mining
Market Cap
$15.30 Million
AU$21.63 Million AUD
Market Cap Rank
#25767 Global
#1111 in Australia
Share Price
AU$0.03
Change (1 day)
+0.00%
52-Week Range
AU$0.02 - AU$0.05
All Time High
AU$0.19
About

Alliance Nickel Limited engages in the exploration and development of mineral properties in Australia. The company explores for nickel and cobalt deposits. Its principal property is the 100% owned NiWest nickel cobalt project located at the Murrin Murrin in the Northeastern Goldfields of Western Australia. The company was formerly known as GME Resources Limited and changed its name to Alliance Ni… Read more