Cannindah Resources Ltd - Asset Resilience Ratio

Latest as of June 2023: 3.92%

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. Check strategic asset allocation of Cannindah Resources Ltd to assess the company's strategic physical and investment asset allocation.

Liquid Assets

AU$659.36K

≈ $466.54K USD Cash + Short-term Investments

Total Assets

AU$16.83 Million

≈ $11.91 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2016–2023)

This chart shows how Cannindah Resources Ltd's Asset Resilience Ratio has changed over time. See Cannindah Resources Ltd net asset quality index to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see Cannindah Resources Ltd (CAE) market capitalisation.

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
Hecla Mining Company NYSE:HL	Other Precious Metals & Mining	0.58%
Triple Flag Precious Metals Corp TO:TFPM	Other Precious Metals & Mining	7.79%
Minerals 260 Ltd AU:MI6	Other Precious Metals & Mining	0.29%
Santana Minerals Ltd AU:SMI	Other Precious Metals & Mining	55.11%
Bougainville Copper Ltd AU:BOC	Other Precious Metals & Mining	12.37%
Many Peaks Minerals Ltd AU:MPK	Other Precious Metals & Mining	41.38%
Gemfields Group Limited F:5PH	Other Precious Metals & Mining	0.13%
Haranga Resources Ltd AU:HAR	Other Precious Metals & Mining	60.20%

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	--

pp = percentage points

About Cannindah Resources Ltd

AU:CAE Australia Other Precious Metals & Mining

Market Cap

$33.43 Million

AU$47.25 Million AUD

Market Cap Rank

#23454 Global

#895 in Australia

Share Price

AU$0.03

Change (1 day)

+3.13%

52-Week Range

AU$0.02 - AU$0.07

All Time High

AU$0.57