Globe Metals & Mining Ltd - Asset Resilience Ratio

Latest as of June 2023: -0.04%

Globe Metals & Mining Ltd (GBE) has an Asset Resilience Ratio of -0.04% as of June 2023. 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. Check how strategically is Globe Metals & Mining Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

Liquid Assets

AU$-11.99 Million

≈ $-8.48 Million USD Cash + Short-term Investments

Total Assets

AU$30.89 Billion

≈ $21.85 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2007–2023)

This chart shows how Globe Metals & Mining Ltd's Asset Resilience Ratio has changed over time. See Globe Metals & Mining Ltd (GBE) net asset quality to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Globe Metals & Mining 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 GBE market cap.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	AU$0.00	0%
Short-term Investments	AU$-11.99 Million	-0.04%
Total Liquid Assets	AU$-11.99 Million	-0.04%

Asset Resilience Insights

Limited Liquidity: Globe Metals & Mining Ltd maintains only -0.04% 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.

Globe Metals & Mining Ltd Industry Peers by Asset Resilience Ratio

Compare Globe Metals & Mining Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
RIO Tinto Ltd AU:RIO	Other Industrial Metals & Mining	0.45%
Pilbara Minerals Ltd AU:PLS	Other Industrial Metals & Mining	17.93%
SOUTH32 Ltd AU:S32	Other Industrial Metals & Mining	12.06%
Inner Mongolia Xingye Mining Co Ltd SHE:000426	Other Industrial Metals & Mining	-0.30%
Rising Nonferrous Metals Share Co Ltd SHG:600259	Other Industrial Metals & Mining	7.31%
Liontown Resources Ltd AU:LTR	Other Industrial Metals & Mining	22.16%
IGO Ltd AU:IGO	Other Industrial Metals & Mining	4.88%
Merdeka Copper Gold PT JK:MDKA	Other Industrial Metals & Mining	0.42%

Annual Asset Resilience Ratio for Globe Metals & Mining Ltd (2007–2023)

The table below shows the annual Asset Resilience Ratio data for Globe Metals & Mining Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-06-30	-0.04%	AU$-11.99K ≈ $-8.48K	AU$30.89 Million ≈ $21.85 Million	+0.04pp
2022-06-30	-0.08%	AU$-23.98K ≈ $-16.96K	AU$30.86 Million ≈ $21.83 Million	-8.54pp
2021-06-30	8.46%	AU$2.76 Million ≈ $1.96 Million	AU$32.68 Million ≈ $23.12 Million	-6.59pp
2020-06-30	15.05%	AU$5.11 Million ≈ $3.62 Million	AU$33.98 Million ≈ $24.04 Million	+15.03pp
2011-06-30	0.02%	AU$12.00K ≈ $8.49K	AU$61.75 Million ≈ $43.69 Million	0.00pp
2010-06-30	0.02%	AU$4.00K ≈ $2.83K	AU$16.58 Million ≈ $11.73 Million	-0.06pp
2007-06-30	0.08%	AU$10.00K ≈ $7.08K	AU$12.31 Million ≈ $8.71 Million	--

pp = percentage points

About Globe Metals & Mining Ltd

AU:GBE Australia Other Industrial Metals & Mining

Market Cap

$41.15 Million

AU$58.15 Million AUD

Market Cap Rank

#22659 Global

#829 in Australia

Share Price

AU$0.06

Change (1 day)

-4.62%

52-Week Range

AU$0.03 - AU$0.15

All Time High

AU$0.17