Firetail Resources Ltd - Asset Resilience Ratio
Firetail Resources Ltd (FTL) has an Asset Resilience Ratio of 3.67% as of December 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 working capital to net assets of Firetail Resources Ltd to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2022–2024)
This chart shows how Firetail Resources Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see FTL current and non-current assets.
Liquid Assets Composition Over Time
This chart breaks down Firetail Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Firetail Resources Ltd long-term investment allocation 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$1.02 Million | 3.67% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$1.02 Million | 3.67% |
Asset Resilience Insights
- Limited Liquidity: Firetail Resources Ltd maintains only 3.67% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Firetail Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Firetail Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
China Gold International Resources
TO:CGG |
Other Precious Metals & Mining | 11.22% |
|
Artemis Gold Inc
V:ARTG |
Other Precious Metals & Mining | 0.00% |
|
Triple Flag Precious Metals Corp
TO:TFPM |
Other Precious Metals & Mining | 7.79% |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711 |
Other Precious Metals & Mining | 0.84% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
29METALS Ltd
AU:29M |
Other Precious Metals & Mining | 0.00% |
|
Orvana Minerals Corp.
TO:ORV |
Other Precious Metals & Mining | 15.73% |
|
Sierra Madre Gold and Silver Ltd
V:SM |
Other Precious Metals & Mining | 5.46% |
Annual Asset Resilience Ratio for Firetail Resources Ltd (2022–2024)
The table below shows the annual Asset Resilience Ratio data for Firetail Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 21.21% | AU$4.70 Million ≈ $3.32 Million |
AU$22.15 Million ≈ $15.68 Million |
-13.75pp |
| 2023-06-30 | 34.96% | AU$5.09 Million ≈ $3.60 Million |
AU$14.56 Million ≈ $10.30 Million |
-13.30pp |
| 2022-06-30 | 48.26% | AU$7.36 Million ≈ $5.21 Million |
AU$15.26 Million ≈ $10.80 Million |
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About Firetail Resources Ltd
Firetail Resources Limited engages in the acquisition and exploration of resource projects in Australia, Peru, and Canada. It explores for copper, zinc, rubidium, lithium, gold, silver, nickel, cobalt, lead, molybdenum, and manganese. The company also has an option agreement to acquire 80% interest in the York Harbour project that consists of 189 mineral claims totaling an area of approximately 4… Read more