Errawarra Resources Ltd

AU:ERW Australia Other Industrial Metals & Mining
Market Cap
$12.26 Million
AU$19.80 Million AUD
Market Cap Rank
#32432 Global
#1065 in Australia
Share Price
AU$0.16
Change (1 day)
+6.67%
52-Week Range
AU$0.03 - AU$0.16
All Time High
AU$0.33
About

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

Latest as of June 2024: 12.61%

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
AU$294.90K
Cash + Short-term Investments
Total Assets
AU$2.34 Million
All company assets
Resilience Assessment
Moderate
Financial Resilience Level

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 --
pp = percentage points