Errawarra Resources Ltd Asset Resilience Ratio
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. See operational self-sufficiency of Errawarra Resources Ltd to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Errawarra Resources Ltd (2019–2023)
Asset resilience ratio of Errawarra Resources Ltd from 2019 to 2023. This chart shows how Errawarra Resources Ltd's Asset Resilience Ratio has changed over time. Read Errawarra Resources Ltd (ERW) total liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see ERW current and non-current assets.
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 |
|---|---|---|
|
Xiamen Tungsten Co Ltd
SHG:600549 |
Other Industrial Metals & Mining | 1.91% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962 |
Other Industrial Metals & Mining | -0.30% |
|
Nickel Industries Ltd
AU:NIC |
Other Industrial Metals & Mining | 7.58% |
|
African Rainbow Minerals Ltd
JSE:ARI |
Other Industrial Metals & Mining | 0.82% |
|
Lithium Americas Corp
TO:LAC |
Other Industrial Metals & Mining | 15.88% |
|
Santacruz Silver Mining Ltd. Common Shares
NASDAQ:SCZM |
Other Industrial Metals & Mining | 3.68% |
|
Arafura Rare EARTHS Ltd
AU:ARU |
Other Industrial Metals & Mining | 57.63% |
Errawarra Resources Ltd Asset Resilience Ratio by Year (2019–2023)
Errawarra Resources Ltd asset resilience ratio by year from 2019 to 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 ≈ $208.66K |
AU$2.34 Million ≈ $1.66 Million |
-79.98pp |
| 2022-12-31 | 92.59% | AU$1.35 Million ≈ $952.71K |
AU$1.45 Million ≈ $1.03 Million |
-6.28pp |
| 2021-12-31 | 98.86% | AU$3.42 Million ≈ $2.42 Million |
AU$3.46 Million ≈ $2.45 Million |
+1.39pp |
| 2020-12-31 | 97.47% | AU$3.50 Million ≈ $2.48 Million |
AU$3.59 Million ≈ $2.54 Million |
+96.04pp |
| 2019-12-31 | 1.44% | AU$90.26K ≈ $63.87K |
AU$6.29 Million ≈ $4.45 Million |
-- |
About 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.