Gibb River Diamonds Ltd - Asset Resilience Ratio

Latest as of December 2024: 80.07%

Gibb River Diamonds Ltd (GIB) has an Asset Resilience Ratio of 80.07% as of December 2024. 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 GIB working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$1.14 Million
≈ $809.91K USD Cash + Short-term Investments

Total Assets

AU$1.43 Million
≈ $1.01 Million USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2024)

This chart shows how Gibb River Diamonds Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Gibb River Diamonds Ltd total assets.

Liquid Assets Composition Over Time

This chart breaks down Gibb River Diamonds Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore GIB strategic capital deployment ratio 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$1.14 Million 80.07%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$1.14 Million 80.07%

Asset Resilience Insights

  • Very High Liquidity: Gibb River Diamonds Ltd maintains exceptional liquid asset reserves at 80.07% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Gibb River Diamonds Ltd Industry Peers by Asset Resilience Ratio

Compare Gibb River Diamonds Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Vox Royalty Corp. Common Stock
NASDAQ:VOXR
Other Precious Metals & Mining 0.00%
Sibanye Stillwater Ltd
JSE:SSW
Other Precious Metals & Mining 0.49%
Artemis Gold Inc
V:ARTG
Other Precious Metals & Mining 0.00%
China Gold International Resources
TO:CGG
Other Precious Metals & Mining 10.10%
Elemental Royalties Corp
V:ELE
Other Precious Metals & Mining 1.78%
Zimplats Holdings Ltd
AU:ZIM
Other Precious Metals & Mining 0.43%
Forrestania Resources Ltd
AU:FRS
Other Precious Metals & Mining 2.21%
Aic Mines Ltd
AU:A1M
Other Precious Metals & Mining 0.01%

Annual Asset Resilience Ratio for Gibb River Diamonds Ltd (2020–2024)

The table below shows the annual Asset Resilience Ratio data for Gibb River Diamonds Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 83.80% AU$1.72 Million
≈ $1.21 Million
AU$2.05 Million
≈ $1.45 Million
+130.22pp
2023-06-30 -46.42% AU$-1.58 Million
≈ $-1.12 Million
AU$3.41 Million
≈ $2.41 Million
-65.38pp
2022-06-30 18.96% AU$718.68K
≈ $508.51K
AU$3.79 Million
≈ $2.68 Million
+7.23pp
2021-06-30 11.73% AU$1.03 Million
≈ $728.51K
AU$8.78 Million
≈ $6.21 Million
-7.26pp
2020-06-30 18.99% AU$584.52K
≈ $413.58K
AU$3.08 Million
≈ $2.18 Million
--
pp = percentage points

About Gibb River Diamonds Ltd

AU:GIB Australia Other Precious Metals & Mining
Market Cap
$5.31 Million
AU$7.51 Million AUD
Market Cap Rank
#28539 Global
#1525 in Australia
Share Price
AU$0.04
Change (1 day)
+6.06%
52-Week Range
AU$0.03 - AU$0.08
All Time High
AU$0.18
About

Gibb River Diamonds Limited engages in the mineral exploration business. The company explores for diamond, gold, uranium, phosphate, zinc, and lead deposits. It holds 100% interests in the Ellendale Diamond project and the Edjudina Gold project located in Western Australia; the Erongo and Kunene projects that consist of six exclusive prospecting licenses (EPLs) covering an area of approximately 1… Read more