Conico Ltd - Asset Resilience Ratio
Conico Ltd (CNJ) has an Asset Resilience Ratio of 8.67% as of December 2021. 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 CNJ working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2021)
This chart shows how Conico Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see CNJ current and non-current assets.
Liquid Assets Composition Over Time
This chart breaks down Conico Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Conico Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$2.64 Million | 8.67% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$2.64 Million | 8.67% |
Asset Resilience Insights
- Limited Liquidity: Conico Ltd maintains only 8.67% 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.
Conico Ltd Industry Peers by Asset Resilience Ratio
Compare Conico 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 Conico Ltd (2016–2021)
The table below shows the annual Asset Resilience Ratio data for Conico Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-06-30 | 14.75% | AU$3.92 Million ≈ $2.77 Million |
AU$26.56 Million ≈ $18.79 Million |
+13.69pp |
| 2020-06-30 | 1.06% | AU$171.40K ≈ $121.28K |
AU$16.12 Million ≈ $11.41 Million |
+0.22pp |
| 2019-06-30 | 0.84% | AU$131.06K ≈ $92.73K |
AU$15.62 Million ≈ $11.05 Million |
-0.24pp |
| 2018-06-30 | 1.08% | AU$165.75K ≈ $117.28K |
AU$15.29 Million ≈ $10.82 Million |
-1.94pp |
| 2017-06-30 | 3.02% | AU$466.37K ≈ $329.99K |
AU$15.42 Million ≈ $10.91 Million |
+0.41pp |
| 2016-06-30 | 2.61% | AU$397.79K ≈ $281.46K |
AU$15.24 Million ≈ $10.79 Million |
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About Conico Ltd
Conico Ltd engages in the exploration and development of mineral properties in Australia. It primarily explores for gold, lead, zinc, cobalt, copper, platinum group elements, nickel, and manganese deposits, as well as magmatic sulphide. The company holds 100% interests in the Ryberg comprising an area of 4,521 square kilometers; and Mestersvig Projects located in Greenland. In addition, it holds … Read more