Elevate Uranium Ltd - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Elevate Uranium Ltd
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