Globe Metals & Mining Ltd Asset Resilience Ratio
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. See how many days can Globe Metals & Mining Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Globe Metals & Mining Ltd (2007–2023)
Asset resilience ratio of Globe Metals & Mining Ltd from 2007 to 2023. This chart shows how Globe Metals & Mining Ltd's Asset Resilience Ratio has changed over time. Read Globe Metals & Mining Ltd total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see GBE asset base.
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$-11.99 Million | -0.04% |
Asset Resilience Insights
- Limited Liquidity: Globe Metals & Mining Ltd maintains only -0.04% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Globe Metals & Mining Ltd Industry Peers by Asset Resilience Ratio
Compare Globe Metals & Mining Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Xiamen Tungsten Co Ltd
SHG:600549 |
Other Industrial Metals & Mining | 1.91% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962 |
Other Industrial Metals & Mining | -0.30% |
|
Nickel Industries Ltd
AU:NIC |
Other Industrial Metals & Mining | 7.58% |
|
African Rainbow Minerals Ltd
JSE:ARI |
Other Industrial Metals & Mining | 0.82% |
|
Lithium Americas Corp
TO:LAC |
Other Industrial Metals & Mining | 15.88% |
|
Santacruz Silver Mining Ltd. Common Shares
NASDAQ:SCZM |
Other Industrial Metals & Mining | 3.68% |
|
Arafura Rare EARTHS Ltd
AU:ARU |
Other Industrial Metals & Mining | 57.63% |
Globe Metals & Mining Ltd Asset Resilience Ratio by Year (2007–2023)
Globe Metals & Mining Ltd asset resilience ratio by year from 2007 to 2023. The table below shows the annual Asset Resilience Ratio data for Globe Metals & Mining Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | -0.04% | AU$-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 |
-- |
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