Errawarra Resources Ltd
Errawarra Resources Ltd engages in the mineral exploration and project development in Australia. It explores for graphite, lithium, nickel, copper, gold, silver, and rare earth elements. The company was incorporated in 2012 and is based in West Perth, Australia.
Errawarra Resources Ltd - Asset Resilience Ratio
Errawarra Resources Ltd (ERW) has an Asset Resilience Ratio of 12.61% as of June 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2023)
This chart shows how Errawarra 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 Errawarra 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$0.00 | 0% |
| Short-term Investments | AU$294.90K | 12.61% |
| Total Liquid Assets | AU$294.90K | 12.61% |
Asset Resilience Insights
- Moderate Liquidity: Errawarra Resources Ltd has 12.61% of assets in liquid form.
- While adequate for normal operations, this level may limit flexibility during economic stress.
- The company has significant short-term investments, indicating active treasury management.
Errawarra Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Errawarra Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR |
Other Industrial Metals & Mining | 0.13% |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 |
Other Industrial Metals & Mining | 1.58% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 4.86% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.00% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758 |
Other Industrial Metals & Mining | 1.13% |
|
Huludao Zinc Industry Co Ltd
SHE:000751 |
Other Industrial Metals & Mining | 0.01% |
Annual Asset Resilience Ratio for Errawarra Resources Ltd (2019–2023)
The table below shows the annual Asset Resilience Ratio data for Errawarra Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 12.61% | AU$294.90K | AU$2.34 Million | -79.98pp |
| 2022-12-31 | 92.59% | AU$1.35 Million | AU$1.45 Million | -6.28pp |
| 2021-12-31 | 98.86% | AU$3.42 Million | AU$3.46 Million | +1.39pp |
| 2020-12-31 | 97.47% | AU$3.50 Million | AU$3.59 Million | +96.04pp |
| 2019-12-31 | 1.44% | AU$90.26K | AU$6.29 Million | -- |