Empire Resources Ltd - Asset Resilience Ratio

Latest as of June 2023: 0.96%

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. See Empire Resources Ltd (ERL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$10.00K
≈ $7.08K USD Cash + Short-term Investments

Total Assets

AU$1.04 Million
≈ $736.95K USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2023)

This chart shows how Empire Resources Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see ERL total asset value.

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. Explore ERL long-term investment intensity to see how much of total assets are deployed in long-term investments.

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
Goliath Resources Ltd
V:GOT
Other Precious Metals & Mining 63.93%
Nevgold Corp.
V:NAU
Other Precious Metals & Mining 5.24%
Platinum Group Metals Ltd
TO:PTM
Other Precious Metals & Mining 0.00%
Southern Palladium Ltd
AU:SPD
Other Precious Metals & Mining 28.92%
Xanadu Mines Ltd
AU:XAM
Other Precious Metals & Mining 30.54%
BHMINESLTD FPO [BHM]
AU:BHM
Other Precious Metals & Mining 88.99%
Many Peaks Minerals Ltd
AU:MPK
Other Precious Metals & Mining 41.38%
Adyton Resources Corp
V:ADY
Other Precious Metals & Mining 42.19%

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
--
pp = percentage points

About Empire Resources Ltd

AU:ERL Australia Other Precious Metals & Mining
Market Cap
$11.81 Million
AU$16.70 Million AUD
Market Cap Rank
#26727 Global
#1242 in Australia
Share Price
AU$0.01
Change (1 day)
-11.11%
52-Week Range
AU$0.01 - AU$0.02
All Time High
AU$0.04
About

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