Equinox Resources Ltd

AU:EQN Australia Steel
Market Cap
$5.78 Million
AU$9.34 Million AUD
Market Cap Rank
#32860 Global
#1100 in Australia
Share Price
AU$0.06
Change (1 day)
+0.00%
52-Week Range
AU$0.05 - AU$0.12
All Time High
AU$0.43
About

Equinox Resources Limited engages in the exploration, appraising, and development of mineral projects in Australia, Brazil, and Canada. The company primarily explores for iron ore, lithium, and rare earths. Equinox Resources Limited was incorporated in 2021 and is based in Perth, Australia.

Equinox Resources Ltd - Asset Resilience Ratio

Latest as of December 2024: 12.43%

Equinox Resources Ltd (EQN) has an Asset Resilience Ratio of 12.43% 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.

Liquid Assets
AU$2.21 Million
Cash + Short-term Investments
Total Assets
AU$17.81 Million
All company assets
Resilience Assessment
Moderate
Financial Resilience Level

Asset Resilience Ratio Trend (2022–2023)

This chart shows how Equinox Resources Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Equinox Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$2.21 Million 12.43%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$2.21 Million 12.43%

Asset Resilience Insights

  • Moderate Liquidity: Equinox Resources Ltd has 12.43% of assets in liquid form.
  • While adequate for normal operations, this level may limit flexibility during economic stress.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Equinox Resources Ltd Industry Peers by Asset Resilience Ratio

Compare Equinox Resources Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
Steel -0.25%
Sgis Songshan Co Ltd
SHE:000717
Steel 4.93%
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
Steel 0.00%
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
Steel -0.16%
Angang Steel Co Ltd Class A
SHE:000898
Steel 0.02%
Jiangsu Fasten Co Ltd
SHE:000890
Steel 16.91%
Hunan Valin Steel Co Ltd
SHE:000932
Steel 1.20%
Beijing Shougang Co Ltd
SHE:000959
Steel 0.03%

Annual Asset Resilience Ratio for Equinox Resources Ltd (2022–2023)

The table below shows the annual Asset Resilience Ratio data for Equinox Resources Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-06-30 26.83% AU$4.27 Million AU$15.90 Million -9.50pp
2022-06-30 36.33% AU$6.11 Million AU$16.81 Million --
pp = percentage points