Empire Resources Ltd - Asset Resilience Ratio
Empire Resources Ltd (ERL) has an Asset Resilience Ratio of 0.96% as of June 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. Check ERL PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2023)
This chart shows how Empire Resources Ltd's Asset Resilience Ratio has changed over time. See Empire Resources Ltd (ERL) balance sheet quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Empire 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 ERL company net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$10.00K | 0.96% |
| Total Liquid Assets | AU$10.00K | 0.96% |
Asset Resilience Insights
- Limited Liquidity: Empire Resources Ltd maintains only 0.96% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Empire Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Empire Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Triple Flag Precious Metals Corp
TO:TFPM |
Other Precious Metals & Mining | 7.79% |
|
Elemental Royalties Corp
V:ELE |
Other Precious Metals & Mining | 1.78% |
|
Minerals 260 Ltd
AU:MI6 |
Other Precious Metals & Mining | 0.29% |
|
Midas Minerals Ltd
AU:MM1 |
Other Precious Metals & Mining | 1.07% |
|
China Silver Group Limited
F:2CS |
Other Precious Metals & Mining | 1.61% |
|
Empress Royalty Corp
V:EMPR |
Other Precious Metals & Mining | 9.27% |
|
Far East Gold Ltd
AU:FEG |
Other Precious Metals & Mining | 13.26% |
|
Cannindah Resources Ltd
AU:CAE |
Other Precious Metals & Mining | 3.92% |
Annual Asset Resilience Ratio for Empire Resources Ltd (2017–2023)
The table below shows the annual Asset Resilience Ratio data for Empire Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 0.96% | AU$10.00K ≈ $7.08K |
AU$1.04 Million ≈ $736.95K |
+0.47pp |
| 2022-06-30 | 0.49% | AU$10.00K ≈ $7.08K |
AU$2.04 Million ≈ $1.44 Million |
-65.38pp |
| 2021-06-30 | 65.87% | AU$3.39 Million ≈ $2.40 Million |
AU$5.15 Million ≈ $3.64 Million |
-12.80pp |
| 2020-06-30 | 78.67% | AU$3.68 Million ≈ $2.60 Million |
AU$4.68 Million ≈ $3.31 Million |
+77.22pp |
| 2019-06-30 | 1.45% | AU$20.00K ≈ $14.15K |
AU$1.38 Million ≈ $977.98K |
+0.65pp |
| 2018-06-30 | 0.80% | AU$20.00K ≈ $14.15K |
AU$2.51 Million ≈ $1.78 Million |
+0.41pp |
| 2017-06-30 | 0.39% | AU$20.00K ≈ $14.15K |
AU$5.14 Million ≈ $3.64 Million |
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About Empire Resources Ltd
Empire Resources Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It primarily explores for gold, copper, zinc, lead, silver, nickel, and platinum group metal deposits. The company was formerly known as White Gold Mining Limited and changed its name to Empire Resources Limited in November 2005. Empire Resources Limited was incorporated in 2000 an… Read more