Cannindah Resources Ltd Asset Resilience Ratio

Latest as of June 2023: 3.92%

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. Read CAE current and long-term 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 of Cannindah Resources Ltd (2016–2023)

Asset resilience ratio of Cannindah Resources Ltd from 2016 to 2023. This chart shows how Cannindah Resources Ltd's Asset Resilience Ratio has changed over time. See Cannindah Resources Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

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 the complete balance sheet picture, see how large is Cannindah Resources Ltd's balance sheet.

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
Valterra Platinum Limited JSE:VAL	Other Precious Metals & Mining	9.40%
Zimplats Holdings Ltd AU:ZIM	Other Precious Metals & Mining	0.43%
Tharisa plc JSE:THA	Other Precious Metals & Mining	0.01%
Aic Mines Ltd AU:A1M	Other Precious Metals & Mining	0.01%
Antipa Minerals Ltd AU:AZY	Other Precious Metals & Mining	36.40%
Challenger Gold Ltd AU:CEL	Other Precious Metals & Mining	21.01%
Medallion Metals Ltd AU:MM8	Other Precious Metals & Mining	32.46%
Midas Minerals Ltd AU:MM1	Other Precious Metals & Mining	1.07%

Cannindah Resources Ltd Asset Resilience Ratio by Year (2016–2023)

Cannindah Resources Ltd asset resilience ratio by year from 2016 to 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

$22.29 Million

AU$31.50 Million AUD

Market Cap Rank

#24634 Global

#997 in Australia

Share Price

AU$0.02

Change (1 day)

-4.35%

52-Week Range

AU$0.02 - AU$0.07

All Time High

AU$0.57