Eastern Resources Ltd Asset Resilience Ratio
Eastern Resources Ltd asset resilience ratio. Eastern Resources Ltd (EFE) has an Asset Resilience Ratio of 49.56% as of December 2022. 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. See EFE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Eastern Resources Ltd (2017–2022)
Asset resilience ratio of Eastern Resources Ltd from 2017 to 2022. This chart shows how Eastern Resources Ltd's Asset Resilience Ratio has changed over time. Read EFE current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Eastern Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Eastern Resources Ltd assets under control.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$6.35 Million | 49.56% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$6.35 Million | 49.56% |
Asset Resilience Insights
- Very High Liquidity: Eastern Resources Ltd maintains exceptional liquid asset reserves at 49.56% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Eastern Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Eastern Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
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% |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716 |
Other Industrial Metals & Mining | -3.76% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 28.52% |
|
Huludao Zinc Industry Co Ltd
SHE:000751 |
Other Industrial Metals & Mining | 0.01% |
|
Major Drilling Group International
TO:MDI |
Other Industrial Metals & Mining | 12.07% |
Eastern Resources Ltd Asset Resilience Ratio by Year (2017–2022)
Eastern Resources Ltd asset resilience ratio by year from 2017 to 2022. The table below shows the annual Asset Resilience Ratio data for Eastern Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-06-30 | 52.02% | AU$4.61 Million ≈ $3.26 Million |
AU$8.86 Million ≈ $6.27 Million |
+22.57pp |
| 2021-06-30 | 29.45% | AU$1.50 Million ≈ $1.06 Million |
AU$5.08 Million ≈ $3.59 Million |
+26.13pp |
| 2020-06-30 | 3.32% | AU$109.81K ≈ $77.70K |
AU$3.31 Million ≈ $2.34 Million |
-9.51pp |
| 2019-06-30 | 12.84% | AU$479.39K ≈ $339.20K |
AU$3.73 Million ≈ $2.64 Million |
-13.96pp |
| 2018-06-30 | 26.79% | AU$1.15 Million ≈ $811.90K |
AU$4.28 Million ≈ $3.03 Million |
-3.23pp |
| 2017-06-30 | 30.02% | AU$1.30 Million ≈ $919.37K |
AU$4.33 Million ≈ $3.06 Million |
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About Eastern Resources Ltd
Eastern Resources Limited is involved in the exploration for battery minerals, iron ore, precious, and base metals resources in Australia and the Asia Pacific. It also explores for copper, caesium, tantalum, and lithium deposits. The company was formerly known as Eastern Iron Limited and changed its name to Eastern Resources Limited. The company was incorporated in 2007 and is based in North Sydn… Read more