Globe Metals & Mining Ltd - Asset Resilience Ratio
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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2007–2023)
This chart shows how Globe Metals & Mining Ltd's Asset Resilience Ratio has changed over time. Check GBE capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
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 Globe Metals & Mining Ltd (GBE) market capitalisation.
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$-11.99 Million | -0.04% |
Asset Resilience Insights
- Limited Liquidity: Globe Metals & Mining Ltd maintains only -0.04% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Globe Metals & Mining Ltd Industry Peers by Asset Resilience Ratio
Compare Globe Metals & Mining Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Spruce Ridge Resources Ltd.
V:SHL |
Other Industrial Metals & Mining | 30.19% |
|
Teck Resources Limited
TO:TECK-B |
Other Industrial Metals & Mining | -2.10% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Lithium Argentina AG
NYSE:LAR |
Other Industrial Metals & Mining | 5.53% |
|
EQ Resources Ltd
AU:EQR |
Other Industrial Metals & Mining | 0.34% |
|
Standard Lithium Ltd
NYSE MKT:SLI |
Other Industrial Metals & Mining | 18.46% |
Annual Asset Resilience Ratio for Globe Metals & Mining Ltd (2007–2023)
The table below shows the annual Asset Resilience Ratio data for Globe Metals & Mining Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | -0.04% | AU$-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 |
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About Globe Metals & Mining Ltd
Globe Metals & Mining Limited engages in the exploration, development, and investment of mineral resource properties in Australia and Africa. The company primarily explores for niobium and tantalum deposits. It primarily holds a 100% interest in the Kanyika project located in Malawi. Globe Metals & Mining Limited was formerly known as Globe Uranium Limited and changed its name to Globe Metals & M… Read more