Equinox Resources Ltd Asset Resilience Ratio
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. Read EQN current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Equinox Resources Ltd (2022–2023)
Asset resilience ratio of Equinox Resources Ltd from 2022 to 2023. This chart shows how Equinox Resources Ltd's Asset Resilience Ratio has changed over time. See Equinox Resources Ltd financial flexibility index to measure the company's free cash flow as a share of total liabilities.
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 the complete balance sheet picture, see Equinox Resources Ltd total assets.
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 |
|---|---|---|
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Ternium Argentina SA
BA:TXAR |
Steel | 12.25% |
|
Companhia Siderúrgica Nacional
MX:SIDN |
Steel | 0.91% |
|
NMDC Steel Limited
NSE:NSLNISP |
Steel | 2.95% |
|
Xinyu Iron & Steel Co Ltd
SHG:600782 |
Steel | 15.72% |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158 |
Steel | 0.00% |
|
Sgis Songshan Co Ltd
SHE:000717 |
Steel | 4.93% |
|
Guizhou Wire Rope Co Ltd
SHG:600992 |
Steel | 11.87% |
Equinox Resources Ltd Asset Resilience Ratio by Year (2022–2023)
Equinox Resources Ltd asset resilience ratio by year from 2022 to 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 |
-- |
About 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.