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. See GBE current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Globe Metals & Mining Ltd total assets.

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. Explore how much of Globe Metals & Mining Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.

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
Fox Marble Holdings PLC LSE:FOX	Other Industrial Metals & Mining	0.41%
REalloys Inc. NASDAQ:ALOY	Other Industrial Metals & Mining	0.03%
Glencore PLC JSE:GLN	Other Industrial Metals & Mining	0.05%
Pilbara Minerals Ltd AU:PLS	Other Industrial Metals & Mining	17.93%
JCHX Mining Management Co Ltd SHG:603979	Other Industrial Metals & Mining	0.02%
Nickel Industries Ltd AU:NIC	Other Industrial Metals & Mining	7.58%
BaoJi Titanium Industry Co Ltd SHG:600456	Other Industrial Metals & Mining	0.00%
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd SHE:000758	Other Industrial Metals & Mining	0.52%

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

$40.12 Million

AU$56.70 Million AUD

Market Cap Rank

#22820 Global

#836 in Australia

Share Price

AU$0.06

Change (1 day)

+0.00%

52-Week Range

AU$0.05 - AU$0.15

All Time High

AU$0.17