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 how liquid is Classic Minerals Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2024)
This chart shows how Classic Minerals Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see how large is Classic Minerals Ltd's balance sheet.
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. Explore CLZ long-term investments to assets 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$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 |
|---|---|---|
|
Boliden AB
ST:BOL |
Other Industrial Metals & Mining | -0.16% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Lynas Rare EARTHS Ltd
AU:LYC |
Other Industrial Metals & Mining | 0.00% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
|
Talon Metals Corp
TO:TLO |
Other Industrial Metals & Mining | 11.81% |
|
Firefly Metals Ltd
AU:FFM |
Other Industrial Metals & Mining | 45.62% |
|
Vulcan Energy Resources Limited
AU:VUL |
Other Industrial Metals & Mining | 0.54% |
Annual Asset Resilience Ratio for Classic Minerals Ltd (2013–2024)
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 |
-- |
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