Classic Minerals Ltd Asset Resilience Ratio
Classic Minerals Ltd asset resilience ratio. Classic Minerals Ltd (CLZ) has an Asset Resilience Ratio of 0.05% as of December 2024. 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 CLZ defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Classic Minerals Ltd (2013–2024)
Asset resilience ratio of Classic Minerals Ltd from 2013 to 2024. This chart shows how Classic Minerals Ltd's Asset Resilience Ratio has changed over time. Read debt load of Classic Minerals Ltd for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Classic Minerals 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 CLZ current and non-current assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$4.08K | 0.05% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$4.08K | 0.05% |
Asset Resilience Insights
- Limited Liquidity: Classic Minerals Ltd maintains only 0.05% 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.
Classic Minerals Ltd Industry Peers by Asset Resilience Ratio
Compare Classic Minerals 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% |
Classic Minerals Ltd Asset Resilience Ratio by Year (2013–2024)
Classic Minerals Ltd asset resilience ratio by year from 2013 to 2024. The table below shows the annual Asset Resilience Ratio data for Classic Minerals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 0.61% | AU$55.21K ≈ $39.06K |
AU$9.02 Million ≈ $6.38 Million |
+0.44pp |
| 2023-06-30 | 0.17% | AU$16.91K ≈ $11.96K |
AU$10.07 Million ≈ $7.12 Million |
-3.94pp |
| 2022-06-30 | 4.11% | AU$421.03K ≈ $297.90K |
AU$10.25 Million ≈ $7.25 Million |
-16.64pp |
| 2021-06-30 | 20.75% | AU$2.25 Million ≈ $1.59 Million |
AU$10.84 Million ≈ $7.67 Million |
+7.36pp |
| 2020-06-30 | 13.38% | AU$488.66K ≈ $345.75K |
AU$3.65 Million ≈ $2.58 Million |
-5.86pp |
| 2013-06-30 | 19.25% | AU$566.67K ≈ $400.95K |
AU$2.94 Million ≈ $2.08 Million |
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About Classic Minerals Ltd
Classic Minerals Limited engages in the exploration of mineral resource projects in Australia. The company primarily explores for gold and nickel deposits. Its flagship project is the Kat Gap gold project located in Western Australia. The company was formerly known as Broad Resources Limited and changed its name to Classic Minerals Limited in 2007. Classic Minerals Limited was incorporated in 200… Read more