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
≈ $1.42 Million USD Cash + Short-term Investments

Total Assets

AU$10.60 Million
≈ $7.50 Million USD 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. Check how strategically is Desoto Resources Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

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 Desoto Resources Ltd stock valuation.

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
Salazar Resources Limited
V:SRL
Other Industrial Metals & Mining 0.00%
Fox Marble Holdings PLC
LSE:FOX
Other Industrial Metals & Mining 0.41%
Fortescue Ltd
AU:FMG
Other Industrial Metals & Mining 15.12%
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
Other Industrial Metals & Mining 0.04%
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
Other Industrial Metals & Mining -0.30%
JCHX Mining Management Co Ltd
SHG:603979
Other Industrial Metals & Mining 0.02%
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
Other Industrial Metals & Mining 20.53%
Rising Nonferrous Metals Share Co Ltd
SHG:600259
Other Industrial Metals & Mining 7.31%

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
--
pp = percentage points

About Desoto Resources Ltd

AU:DES Australia Other Industrial Metals & Mining
Market Cap
$22.52 Million
AU$31.83 Million AUD
Market Cap Rank
#24724 Global
#1017 in Australia
Share Price
AU$0.12
Change (1 day)
+0.00%
52-Week Range
AU$0.10 - 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.