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. Read G6M current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2024)
This chart shows how Group 6 Metals Ltd's Asset Resilience Ratio has changed over time. See G6M total equity for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see Group 6 Metals Ltd (G6M) total market value.
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 |
|---|---|---|
|
Vale S.A
F:CVLB |
Other Industrial Metals & Mining | 0.22% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.99% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 6.99% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Sichuan Anning Iron and Titanium Co
SHE:002978 |
Other Industrial Metals & Mining | 0.77% |
|
Elevra Lithium Limited
AU:ELV |
Other Industrial Metals & Mining | 11.08% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 34.78% |
Annual Asset Resilience Ratio for Group 6 Metals Ltd (2017–2024)
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