Desoto Resources Ltd - Asset Resilience Ratio
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. Read DES total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2023–2023)
This chart shows how Desoto Resources Ltd's Asset Resilience Ratio has changed over time. See DES net asset value for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see DES market cap overview.
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 |
|---|---|---|
|
Vale S.A
F:CVLB |
Other Industrial Metals & Mining | 0.22% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.99% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 6.99% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Sichuan Anning Iron and Titanium Co
SHE:002978 |
Other Industrial Metals & Mining | 0.77% |
|
Elevra Lithium Limited
AU:ELV |
Other Industrial Metals & Mining | 11.08% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 34.78% |
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 ≈ $1.42 Million |
AU$10.60 Million ≈ $7.50 Million |
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About Desoto Resources Ltd
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.