Equinox Resources Ltd
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
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
Total Assets
Resilience Assessment
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 | -- |