Cobre Ltd Asset Resilience Ratio
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 CBE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Cobre Ltd (2021–2023)
Asset resilience ratio of Cobre Ltd from 2021 to 2023. This chart shows how Cobre Ltd's Asset Resilience Ratio has changed over time. Read CBE current and long-term liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see how large is Cobre Ltd's balance sheet.
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 |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
China Molybdenum Co. Ltd
F:D7N |
Other Industrial Metals & Mining | 2.61% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Tibet Mineral Development Co Ltd
SHE:000762 |
Other Industrial Metals & Mining | 0.67% |
|
Perenti Ltd
AU:PRN |
Other Industrial Metals & Mining | 8.69% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
Cobre Ltd Asset Resilience Ratio by Year (2021–2023)
Cobre Ltd asset resilience ratio by year from 2021 to 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.