Group 6 Metals Ltd Asset Resilience Ratio
Group 6 Metals Ltd asset resilience ratio. Group 6 Metals Ltd (G6M) has an Asset Resilience Ratio of 2.95% 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 operational self-sufficiency of Group 6 Metals Ltd to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Group 6 Metals Ltd (2017–2024)
Asset resilience ratio of Group 6 Metals Ltd from 2017 to 2024. This chart shows how Group 6 Metals Ltd's Asset Resilience Ratio has changed over time. Read how much debt does Group 6 Metals Ltd carry for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Group 6 Metals 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 G6M asset base.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$1.01 Million | 2.95% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$1.01 Million | 2.95% |
Asset Resilience Insights
- Limited Liquidity: Group 6 Metals Ltd maintains only 2.95% 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.
Group 6 Metals Ltd Industry Peers by Asset Resilience Ratio
Compare Group 6 Metals Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
China Molybdenum Co. Ltd
F:D7N |
Other Industrial Metals & Mining | 2.61% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Tibet Mineral Development Co Ltd
SHE:000762 |
Other Industrial Metals & Mining | 0.67% |
|
Perenti Ltd
AU:PRN |
Other Industrial Metals & Mining | 8.69% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
Group 6 Metals Ltd Asset Resilience Ratio by Year (2017–2024)
Group 6 Metals Ltd asset resilience ratio by year from 2017 to 2024. The table below shows the annual Asset Resilience Ratio data for Group 6 Metals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 1.37% | AU$509.00K ≈ $360.15K |
AU$37.14 Million ≈ $26.28 Million |
-4.68pp |
| 2023-06-30 | 6.05% | AU$8.44 Million ≈ $5.98 Million |
AU$139.63 Million ≈ $98.80 Million |
-1.99pp |
| 2022-06-30 | 8.03% | AU$4.44 Million ≈ $3.14 Million |
AU$55.28 Million ≈ $39.11 Million |
-35.04pp |
| 2021-06-30 | 43.08% | AU$3.16 Million ≈ $2.23 Million |
AU$7.33 Million ≈ $5.19 Million |
+27.73pp |
| 2020-06-30 | 15.35% | AU$688.42K ≈ $487.10K |
AU$4.48 Million ≈ $3.17 Million |
+5.19pp |
| 2019-06-30 | 10.16% | AU$444.89K ≈ $314.79K |
AU$4.38 Million ≈ $3.10 Million |
-17.51pp |
| 2018-06-30 | 27.67% | AU$494.36K ≈ $349.79K |
AU$1.79 Million ≈ $1.26 Million |
-25.75pp |
| 2017-06-30 | 53.43% | AU$1.50 Million ≈ $1.06 Million |
AU$2.81 Million ≈ $1.99 Million |
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About Group 6 Metals Ltd
Group 6 Metals Limited operates as resources exploration and development company in Tasmania and Europe. It explores for tungsten concentrate. The company focuses on the Dolphin Tungsten mine located in King Island, Tasmania. The company was formerly known as King Island Scheelite Limited and changed its name to Group 6 Metals Limited in November 2021. Group 6 Metals Limited was incorporated in 1… Read more