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. Read GIB total debt and obligations for a breakdown of total debt and financial obligations.

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. See what is Gibb River Diamonds Ltd's book value for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see how much is Gibb River Diamonds Ltd worth.

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
China Gold International Resources
TO:CGG
Other Precious Metals & Mining 21.01%
Triple Flag Precious Metals Corp
TO:TFPM
Other Precious Metals & Mining 7.79%
Zimplats Holdings Ltd
AU:ZIM
Other Precious Metals & Mining 0.28%
Aic Mines Ltd
AU:A1M
Other Precious Metals & Mining 0.01%
Antipa Minerals Ltd
AU:AZY
Other Precious Metals & Mining 36.40%
Platinum Group Metals Ltd
TO:PTM
Other Precious Metals & Mining 3.74%
Chesapeake Gold Corp.
V:CKG
Other Precious Metals & Mining 0.24%
Bougainville Copper Ltd
AU:BOC
Other Precious Metals & Mining 12.37%

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
$6.07 Million
AU$8.58 Million AUD
Market Cap Rank
#28149 Global
#1508 in Australia
Share Price
AU$0.04
Change (1 day)
-9.09%
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