Firetail Resources Ltd Asset Resilience Ratio
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 defensive interval ratio of Firetail 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 Firetail Resources Ltd (2022–2024)
Asset resilience ratio of Firetail Resources Ltd from 2022 to 2024. This chart shows how Firetail Resources Ltd's Asset Resilience Ratio has changed over time. Read Firetail Resources Ltd (FTL) total liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see FTL total asset value.
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 |
|---|---|---|
|
AbraSilver Resource Corp.
TO:ABRA |
Other Precious Metals & Mining | 43.86% |
|
Zimplats Holdings Ltd
AU:ZIM |
Other Precious Metals & Mining | 0.43% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
Vox Royalty Corp.
TO:VOXR |
Other Precious Metals & Mining | 6.55% |
|
Antipa Minerals Ltd
AU:AZY |
Other Precious Metals & Mining | 36.40% |
|
Medallion Metals Ltd
AU:MM8 |
Other Precious Metals & Mining | 32.46% |
|
Southern Palladium Ltd
AU:SPD |
Other Precious Metals & Mining | 28.92% |
|
Patagonia Gold Corp
V:PGDC |
Other Precious Metals & Mining | 3.77% |
Firetail Resources Ltd Asset Resilience Ratio by Year (2022–2024)
Firetail Resources Ltd asset resilience ratio by year from 2022 to 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