Corazon Mining Ltd - Asset Resilience Ratio
Corazon Mining Ltd (CZN) has an Asset Resilience Ratio of -0.15% as of June 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. Check strategic asset allocation of Corazon Mining Ltd to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2010–2024)
This chart shows how Corazon Mining Ltd's Asset Resilience Ratio has changed over time. See CZN net asset quality score to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Corazon Mining Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Corazon Mining Ltd stock valuation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$-24.00K | -0.15% |
| Total Liquid Assets | AU$-24.00K | -0.15% |
Asset Resilience Insights
- Limited Liquidity: Corazon Mining Ltd maintains only -0.15% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Corazon Mining Ltd Industry Peers by Asset Resilience Ratio
Compare Corazon Mining Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.04% |
|
Lynas Rare EARTHS Ltd
AU:LYC |
Other Industrial Metals & Mining | 0.00% |
|
Ivanhoe Mines Ltd.
TO:IVN |
Other Industrial Metals & Mining | 0.50% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Cufe Ltd
AU:CUF |
Other Industrial Metals & Mining | 33.91% |
|
Liontown Resources Ltd
AU:LTR |
Other Industrial Metals & Mining | 22.16% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
Annual Asset Resilience Ratio for Corazon Mining Ltd (2010–2024)
The table below shows the annual Asset Resilience Ratio data for Corazon Mining Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | -0.15% | AU$-24.00K ≈ $-16.98K |
AU$15.58 Million ≈ $11.02 Million |
-0.02pp |
| 2023-06-30 | -0.13% | AU$-24.00K ≈ $-16.98K |
AU$17.91 Million ≈ $12.67 Million |
-0.01pp |
| 2022-06-30 | -0.13% | AU$-24.00K ≈ $-16.98K |
AU$18.67 Million ≈ $13.21 Million |
+0.21pp |
| 2021-06-30 | -0.34% | AU$-24.00K ≈ $-16.98K |
AU$7.01 Million ≈ $4.96 Million |
+0.17pp |
| 2020-06-30 | -0.52% | AU$-24.00K ≈ $-16.98K |
AU$4.65 Million ≈ $3.29 Million |
-35.61pp |
| 2010-06-30 | 35.09% | AU$600.00K ≈ $424.54K |
AU$1.71 Million ≈ $1.21 Million |
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About Corazon Mining Ltd
Corazon Mining Limited engages in the exploration of mineral resources and development of mining activities in Australia and Canada. The company primarily explores for nickel, cobalt, copper, gold, lithium, and base and precious metal deposits. Its flagship projects include the 100% owned Lynn Lake Nickel-Copper-Cobalt Sulphide project located in Manitoba, Canada; the Miriam Nickel Sulphide and L… Read more