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. Read Cannindah Resources Ltd total liabilities for a breakdown of total debt and financial obligations.

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 book value and equity for net asset value and shareholders' equity analysis.

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
Avino Silver & Gold Mines Ltd TO:ASM	Other Precious Metals & Mining	0.00%
GoGold Resources Inc. TO:GGD	Other Precious Metals & Mining	0.00%
Aic Mines Ltd AU:A1M	Other Precious Metals & Mining	0.01%
Forrestania Resources Ltd AU:FRS	Other Precious Metals & Mining	0.00%
Patagonia Gold Corp V:PGDC	Other Precious Metals & Mining	3.77%
Dynacor Gold Mines Inc. TO:DNG	Other Precious Metals & Mining	0.00%
Alicanto Minerals Ltd AU:AQI	Other Precious Metals & Mining	60.69%
Many Peaks Minerals Ltd AU:MPK	Other Precious Metals & Mining	47.16%

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

$45.66 Million

AU$64.53 Million AUD

Market Cap Rank

#22236 Global

#824 in Australia

Share Price

AU$0.05

Change (1 day)

+6.67%

52-Week Range

AU$0.02 - AU$0.07

All Time High

AU$0.57