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. Check EQN capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

AU$2.21 Million
≈ $1.57 Million USD Cash + Short-term Investments

Total Assets

AU$17.81 Million
≈ $12.60 Million USD 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. See Equinox Resources Ltd (EQN) net asset quality to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see EQN stock market capitalisation.

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
Hunan Valin Steel Co Ltd
SHE:000932
Steel 0.99%
HBIS Co Ltd
SHE:000709
Steel 0.20%
Hang Zhou Iron & Steel Co Ltd
SHG:600126
Steel 2.38%
Champion Iron Ltd
TO:CIA
Steel 0.00%
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686
Steel 0.64%
Metalurgica Gerdau S.A
SA:GOAU3
Steel 0.39%
Prakash Industries Limited
NSE:PRAKASH
Steel 10.08%
Seah Steel Corp
KO:306200
Steel 1.15%

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
≈ $3.02 Million
AU$15.90 Million
≈ $11.25 Million
-9.50pp
2022-06-30 36.33% AU$6.11 Million
≈ $4.32 Million
AU$16.81 Million
≈ $11.89 Million
--
pp = percentage points

About Equinox Resources Ltd

AU:EQN Australia Steel
Market Cap
$6.61 Million
AU$9.34 Million AUD
Market Cap Rank
#28002 Global
#1464 in Australia
Share Price
AU$0.06
Change (1 day)
+0.00%
52-Week Range
AU$0.05 - AU$0.11
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.