Equatorial Resources Ltd
Equatorial Resources Limited engages in mineral exploration activities in the Republic of Congo and the Republic of Guinea. Its flagship is the Nimba Alliance iron ore project covering an area of approximately 198 square kilometers for the Nimba West permit and approximately 107 square kilometers for the Nimba North permit located in Guinea, West Africa. Equatorial Resources Limited was incorpora… Read more
Equatorial Resources Ltd - Asset Resilience Ratio
Equatorial Resources Ltd (EQX) has an Asset Resilience Ratio of 88.34% as of December 2023. 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 (2003–2023)
This chart shows how Equatorial 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 Equatorial 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$15.66 Million | 88.34% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$15.66 Million | 88.34% |
Asset Resilience Insights
- Very High Liquidity: Equatorial Resources Ltd maintains exceptional liquid asset reserves at 88.34% 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.
Equatorial Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Equatorial Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
365330
KQ:365330 |
Steel | 14.10% |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708 |
Steel | -0.25% |
|
HBIS Co Ltd
SHE:000709 |
Steel | 0.20% |
|
Sgis Songshan Co Ltd
SHE:000717 |
Steel | 4.93% |
|
Bengang Steel Plates Co Ltd
SHE:000761 |
Steel | 0.71% |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778 |
Steel | 0.00% |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825 |
Steel | -0.16% |
|
Jiangsu Fasten Co Ltd
SHE:000890 |
Steel | 16.91% |
Annual Asset Resilience Ratio for Equatorial Resources Ltd (2003–2023)
The table below shows the annual Asset Resilience Ratio data for Equatorial Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 0.12% | AU$20.00K | AU$16.69 Million | +0.01pp |
| 2022-06-30 | 0.11% | AU$20.00K | AU$18.50 Million | -43.17pp |
| 2021-06-30 | 43.28% | AU$15.26 Million | AU$35.25 Million | +7.41pp |
| 2020-06-30 | 35.87% | AU$15.26 Million | AU$42.53 Million | +35.40pp |
| 2006-06-30 | 0.48% | AU$12.00K | AU$2.52 Million | -0.15pp |
| 2005-06-30 | 0.62% | AU$21.00K | AU$3.37 Million | -1.46pp |
| 2004-06-30 | 2.08% | AU$78.66K | AU$3.78 Million | -1.21pp |
| 2003-06-30 | 3.29% | AU$72.75K | AU$2.21 Million | -- |