De Grey Mining Ltd - Asset Resilience Ratio

Latest as of December 2024: 57.44%

De Grey Mining Ltd (DEG) has an Asset Resilience Ratio of 57.44% 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.

Liquid Assets

AU$755.54 Million
Cash + Short-term Investments

Total Assets

AU$1.32 Billion
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2024)

This chart shows how De Grey Mining Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down De Grey Mining Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$0.00 0%
Short-term Investments AU$755.54 Million 57.44%
Total Liquid Assets AU$755.54 Million 57.44%

Asset Resilience Insights

  • Very High Liquidity: De Grey Mining Ltd maintains exceptional liquid asset reserves at 57.44% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

De Grey Mining Ltd Industry Peers by Asset Resilience Ratio

Compare De Grey Mining Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Resource Base Ltd
AU:RBX
Gold 44.13%
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
Gold 4.22%
Bahvest Resources Bhd
KLSE:0098
Gold 31.41%
Asante Gold Corporation
F:1A9
Gold 0.23%
American Pacific Mining Corp
F:1QC1
Gold 0.00%
Rio2 Limited
F:1SB
Gold 0.04%
AIS Resources Ltd
V:AIS
Gold 97.35%

Annual Asset Resilience Ratio for De Grey Mining Ltd (2016–2024)

The table below shows the annual Asset Resilience Ratio data for De Grey Mining Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 13.73% AU$180.54 Million AU$1.31 Billion -8.81pp
2023-06-30 22.54% AU$100.44 Million AU$445.60 Million +2.36pp
2022-06-30 20.18% AU$62.87 Million AU$311.61 Million +3.88pp
2021-06-30 16.29% AU$37.05 Million AU$227.35 Million -18.51pp
2020-06-30 34.80% AU$27.76 Million AU$79.77 Million +33.33pp
2019-06-30 1.48% AU$496.44K AU$33.63 Million -3.24pp
2018-06-30 4.72% AU$1.15 Million AU$24.33 Million -41.05pp
2017-06-30 45.77% AU$1.01 Million AU$2.20 Million -49.74pp
2016-06-30 95.50% AU$1.21 Million AU$1.26 Million --
pp = percentage points

About De Grey Mining Ltd

AU:DEG Australia Gold
Market Cap
$4.19 Billion
AU$5.92 Billion AUD
Market Cap Rank
#3931 Global
#86 in Australia
Share Price
AU$2.46
Change (1 day)
+0.00%
52-Week Range
AU$2.46 - AU$2.73
All Time High
AU$2.73
About

De Grey Mining Limited engages in the exploration of mineral properties in Australia. The company primarily holds 100% interest in the Hemi Gold project covering an area of approximately 1,500 square kilometers located in the Pilbara region of Western Australia. De Grey Mining Limited was incorporated in 2000 and is headquartered in West Perth, Australia. As of May 5, 2025, De Grey Mining Limited… Read more