Cobre Ltd - Asset Resilience Ratio
Cobre Ltd (CBE) has an Asset Resilience Ratio of 1.64% 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 Cobre Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how Cobre Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see CBE total assets.
Liquid Assets Composition Over Time
This chart breaks down Cobre Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Cobre Ltd long-term investment intensity 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$0.00 | 0% |
| Short-term Investments | AU$516.34K | 1.64% |
| Total Liquid Assets | AU$516.34K | 1.64% |
Asset Resilience Insights
- Limited Liquidity: Cobre Ltd maintains only 1.64% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Cobre Ltd Industry Peers by Asset Resilience Ratio
Compare Cobre Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Glencore PLC
JSE:GLN |
Other Industrial Metals & Mining | 0.05% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Inomin Mines Inc
V:MINE |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
RIO Tinto Ltd
AU:RIO |
Other Industrial Metals & Mining | 0.45% |
Annual Asset Resilience Ratio for Cobre Ltd (2021–2023)
The table below shows the annual Asset Resilience Ratio data for Cobre Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 1.64% | AU$516.34K ≈ $365.35K |
AU$31.50 Million ≈ $22.29 Million |
-2.43pp |
| 2022-06-30 | 4.07% | AU$759.46K ≈ $537.37K |
AU$18.68 Million ≈ $13.22 Million |
+4.51pp |
| 2021-06-30 | -0.44% | AU$-81.04K ≈ $-57.34K |
AU$18.26 Million ≈ $12.92 Million |
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About Cobre Ltd
Cobre Limited engages in the exploration and evaluation of mineral properties in Australia and Botswana. It explores for copper, gold, silver, and zinc deposits. The company's flagship project is the 100% owned Ngami Copper Project covering an area of 727 square kilometers located in Botswana. Cobre Limited was incorporated in 2018 and is based in Sydney, Australia.