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. Read Globe Metals & Mining Ltd (GBE) total liabilities for a breakdown of total debt and financial obligations.
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. See net assets of Globe Metals & Mining Ltd for net asset value and shareholders' equity analysis.
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$-11.99 Million | -0.04% |
Asset Resilience Insights
- Limited Liquidity: Globe Metals & Mining Ltd maintains only -0.04% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Globe Metals & Mining Ltd Industry Peers by Asset Resilience Ratio
Compare Globe Metals & Mining Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Vale S.A
F:CVLB |
Other Industrial Metals & Mining | 0.22% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.99% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 6.99% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Sichuan Anning Iron and Titanium Co
SHE:002978 |
Other Industrial Metals & Mining | 0.77% |
|
Elevra Lithium Limited
AU:ELV |
Other Industrial Metals & Mining | 11.08% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 34.78% |
Annual Asset Resilience Ratio for Globe Metals & Mining Ltd (2007–2023)
The table below shows the annual Asset Resilience Ratio data for Globe Metals & Mining Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | -0.04% | AU$-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