Elevate Uranium Ltd - Asset Resilience Ratio

Latest as of December 2024: 89.49%

Elevate Uranium Ltd (EL8) has an Asset Resilience Ratio of 89.49% 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. Read Elevate Uranium Ltd (EL8) total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

AU$26.63 Million
≈ $18.84 Million USD Cash + Short-term Investments

Total Assets

AU$29.76 Million
≈ $21.06 Million USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (1998–2024)

This chart shows how Elevate Uranium Ltd's Asset Resilience Ratio has changed over time. See EL8 book value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Elevate Uranium 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 EL8 market cap.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$26.63 Million 89.49%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$26.63 Million 89.49%

Asset Resilience Insights

  • Very High Liquidity: Elevate Uranium Ltd maintains exceptional liquid asset reserves at 89.49% 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.

Elevate Uranium Ltd Industry Peers by Asset Resilience Ratio

Compare Elevate Uranium Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Uranium Energy Corp
NYSE MKT:UEC
Uranium 31.83%
Denison Mines Corp
TO:DML
Uranium 43.17%
Bannerman Energy Ltd
AU:BMN
Uranium 6.36%
Mega Uranium Ltd.
TO:MGA
Uranium 9.96%
Aura Energy Ltd
AU:AEE
Uranium 18.58%
Adavale Resources Ltd
AU:ADD
Uranium 6970362.24%
Aurora Energy Metals Ltd
AU:1AE
Uranium 50.84%
Nexgen Energy (Canada) Ltd
AU:NXG
Uranium 12.98%

Annual Asset Resilience Ratio for Elevate Uranium Ltd (1998–2024)

The table below shows the annual Asset Resilience Ratio data for Elevate Uranium Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 99.27% AU$25.27 Million
≈ $17.88 Million
AU$25.46 Million
≈ $18.01 Million
+17.57pp
2023-12-31 81.70% AU$10.83 Million
≈ $7.67 Million
AU$13.26 Million
≈ $9.38 Million
+1.49pp
2022-12-31 80.21% AU$10.06 Million
≈ $7.12 Million
AU$12.54 Million
≈ $8.87 Million
-1.58pp
2021-12-31 81.79% AU$15.81 Million
≈ $11.19 Million
AU$19.33 Million
≈ $13.68 Million
+14.89pp
2020-12-31 66.90% AU$6.66 Million
≈ $4.71 Million
AU$9.96 Million
≈ $7.04 Million
+42.51pp
2019-12-31 24.38% AU$1.06 Million
≈ $752.12K
AU$4.36 Million
≈ $3.08 Million
+13.89pp
2006-12-31 10.50% AU$390.00K
≈ $275.95K
AU$3.71 Million
≈ $2.63 Million
-13.60pp
2005-12-31 24.10% AU$660.00K
≈ $466.99K
AU$2.74 Million
≈ $1.94 Million
-14.24pp
2004-12-31 38.33% AU$616.32K
≈ $436.09K
AU$1.61 Million
≈ $1.14 Million
+34.18pp
2003-12-31 4.15% AU$90.49K
≈ $64.03K
AU$2.18 Million
≈ $1.54 Million
+3.33pp
2002-12-31 0.81% AU$50.22K
≈ $35.54K
AU$6.17 Million
≈ $4.36 Million
-3.28pp
2001-12-31 4.09% AU$129.40K
≈ $91.56K
AU$3.16 Million
≈ $2.24 Million
+3.86pp
2000-12-31 0.23% AU$7.80K
≈ $5.52K
AU$3.32 Million
≈ $2.35 Million
-0.59pp
1999-12-31 0.83% AU$17.10K
≈ $12.10K
AU$2.07 Million
≈ $1.46 Million
-8.08pp
1998-12-31 8.91% AU$151.87K
≈ $107.46K
AU$1.70 Million
≈ $1.21 Million
--
pp = percentage points

About Elevate Uranium Ltd

AU:EL8 Australia Uranium
Market Cap
$87.37 Million
AU$123.48 Million AUD
Market Cap Rank
#19694 Global
#664 in Australia
Share Price
AU$0.27
Change (1 day)
-3.64%
52-Week Range
AU$0.24 - AU$0.48
All Time High
AU$0.81
About

Elevate Uranium Ltd engages in the exploration and evaluation of uranium deposits in Namibia and Australia. Its flagship project is the 100% owned Koppies project located in the Namib Desert region, Namibia. The company was formerly known as Marenica Energy Limited and changed its name to Elevate Uranium Ltd in May 2021. Elevate Uranium Ltd was incorporated in 1978 and is based in West Perth, Aus… Read more