Desoto Resources Ltd

AU:DES Australia Other Industrial Metals & Mining
Market Cap
$29.13 Million
AU$47.05 Million AUD
Market Cap Rank
#27911 Global
#702 in Australia
Share Price
AU$0.17
Change (1 day)
+13.33%
52-Week Range
AU$0.08 - AU$0.23
All Time High
AU$0.23
About

DeSoto Resources Limited, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Guinea and the Northern Territory, Australia. The company explores for gold, lithium, rare earth, and other base metal deposits. The company was incorporated in 2022 and is based in Daglish, Australia.

Desoto Resources Ltd - Asset Resilience Ratio

Latest as of June 2023: 18.86%

Desoto Resources Ltd (DES) has an Asset Resilience Ratio of 18.86% as of June 2023. 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$2.00 Million
Cash + Short-term Investments
Total Assets
AU$10.60 Million
All company assets
Resilience Assessment
Good
Financial Resilience Level

Asset Resilience Ratio Trend (2023–2023)

This chart shows how Desoto Resources 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 Desoto Resources 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$2.00 Million 18.86%
Total Liquid Assets AU$2.00 Million 18.86%

Asset Resilience Insights

  • Good Liquidity Position: Desoto Resources Ltd maintains a healthy 18.86% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company has significant short-term investments, indicating active treasury management.

Desoto Resources Ltd Industry Peers by Asset Resilience Ratio

Compare Desoto Resources Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Great Quest Fertilizer Ltd
PINK:GQMLF
Other Industrial Metals & Mining 0.00%
Napier Ventures Inc
PINK:NPRVF
Other Industrial Metals & Mining 0.00%
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
Other Industrial Metals & Mining 1.58%
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
Other Industrial Metals & Mining -0.30%
Shengda Mining Co Ltd
SHE:000603
Other Industrial Metals & Mining 4.86%
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
Other Industrial Metals & Mining 20.53%
China Tungsten and Hightech Materials Co Ltd
SHE:000657
Other Industrial Metals & Mining 0.00%
Guocheng Mining Co Ltd
SHE:000688
Other Industrial Metals & Mining 2.99%

Annual Asset Resilience Ratio for Desoto Resources Ltd (2023–2023)

The table below shows the annual Asset Resilience Ratio data for Desoto Resources Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-06-30 18.86% AU$2.00 Million AU$10.60 Million --
pp = percentage points