Cannindah Resources Ltd - Asset Resilience Ratio
Cannindah Resources Ltd (CAE) has an Asset Resilience Ratio of 3.92% 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. See CAE current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2023)
This chart shows how Cannindah Resources Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see CAE total asset value.
Liquid Assets Composition Over Time
This chart breaks down Cannindah Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Cannindah Resources Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$659.36K | 3.92% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$659.36K | 3.92% |
Asset Resilience Insights
- Limited Liquidity: Cannindah Resources Ltd maintains only 3.92% 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.
Cannindah Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Cannindah Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
China Gold International Resources
TO:CGG |
Other Precious Metals & Mining | 11.22% |
|
Artemis Gold Inc
V:ARTG |
Other Precious Metals & Mining | 0.00% |
|
Triple Flag Precious Metals Corp
TO:TFPM |
Other Precious Metals & Mining | 7.79% |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711 |
Other Precious Metals & Mining | 0.84% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
29METALS Ltd
AU:29M |
Other Precious Metals & Mining | 0.00% |
|
Orvana Minerals Corp.
TO:ORV |
Other Precious Metals & Mining | 15.73% |
|
Sierra Madre Gold and Silver Ltd
V:SM |
Other Precious Metals & Mining | 5.46% |
Annual Asset Resilience Ratio for Cannindah Resources Ltd (2016–2023)
The table below shows the annual Asset Resilience Ratio data for Cannindah Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 3.92% | AU$659.36K ≈ $466.54K |
AU$16.83 Million ≈ $11.91 Million |
-6.45pp |
| 2022-06-30 | 10.37% | AU$1.28 Million ≈ $907.89K |
AU$12.38 Million ≈ $8.76 Million |
-4.91pp |
| 2021-06-30 | 15.28% | AU$1.29 Million ≈ $914.02K |
AU$8.46 Million ≈ $5.98 Million |
+14.48pp |
| 2020-06-30 | 0.80% | AU$39.23K ≈ $27.76K |
AU$4.91 Million ≈ $3.47 Million |
+0.46pp |
| 2019-06-30 | 0.34% | AU$16.10K ≈ $11.39K |
AU$4.76 Million ≈ $3.36 Million |
+0.14pp |
| 2018-06-30 | 0.20% | AU$10.46K ≈ $7.40K |
AU$5.20 Million ≈ $3.68 Million |
-6.59pp |
| 2017-06-30 | 6.79% | AU$318.48K ≈ $225.34K |
AU$4.69 Million ≈ $3.32 Million |
-3.16pp |
| 2016-06-30 | 9.95% | AU$413.63K ≈ $292.67K |
AU$4.16 Million ≈ $2.94 Million |
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About Cannindah Resources Ltd
Cannindah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of various mineral projects in Australia. The company explores for copper, gold, and silver deposits. Its flagship property is the 100% owned Mt Cannindah Project located in Queensland. The company was formerly known as Planet Metals Limited and changed its name to Cannindah Resour… Read more