Korab Resources Ltd - Asset Resilience Ratio
Korab Resources Ltd (KOR) has an Asset Resilience Ratio of 1.99% as of June 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 Korab Resources Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how Korab Resources Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Korab Resources Ltd asset portfolio.
Liquid Assets Composition Over Time
This chart breaks down Korab Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore KOR 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$93.35K | 1.99% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$93.35K | 1.99% |
Asset Resilience Insights
- Limited Liquidity: Korab Resources Ltd maintains only 1.99% 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.
Korab Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Korab Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Boliden AB
ST:BOL |
Other Industrial Metals & Mining | -0.16% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Lynas Rare EARTHS Ltd
AU:LYC |
Other Industrial Metals & Mining | 0.00% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
|
Talon Metals Corp
TO:TLO |
Other Industrial Metals & Mining | 11.81% |
|
Firefly Metals Ltd
AU:FFM |
Other Industrial Metals & Mining | 45.62% |
|
Vulcan Energy Resources Limited
AU:VUL |
Other Industrial Metals & Mining | 0.54% |
Annual Asset Resilience Ratio for Korab Resources Ltd (2016–2024)
The table below shows the annual Asset Resilience Ratio data for Korab Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 1.99% | AU$93.35K ≈ $66.05K |
AU$4.69 Million ≈ $3.32 Million |
-0.46pp |
| 2023-06-30 | 2.45% | AU$112.38K ≈ $79.52K |
AU$4.59 Million ≈ $3.25 Million |
-12.52pp |
| 2022-06-30 | 14.97% | AU$815.78K ≈ $577.22K |
AU$5.45 Million ≈ $3.86 Million |
+12.83pp |
| 2021-06-30 | 2.14% | AU$93.31K ≈ $66.02K |
AU$4.36 Million ≈ $3.08 Million |
-1.50pp |
| 2020-06-30 | 3.64% | AU$163.84K ≈ $115.93K |
AU$4.50 Million ≈ $3.19 Million |
+1.61pp |
| 2019-06-30 | 2.03% | AU$82.72K ≈ $58.53K |
AU$4.07 Million ≈ $2.88 Million |
+1.41pp |
| 2018-06-30 | 0.62% | AU$24.07K ≈ $17.03K |
AU$3.86 Million ≈ $2.73 Million |
-7.73pp |
| 2017-06-30 | 8.35% | AU$299.05K ≈ $211.60K |
AU$3.58 Million ≈ $2.53 Million |
+6.77pp |
| 2016-06-30 | 1.58% | AU$45.13K ≈ $31.93K |
AU$2.86 Million ≈ $2.02 Million |
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About Korab Resources Ltd
Korab Resources Limited operates as a diversified battery and precious metals mining and exploration company in Australia. The company explores for gold, silver, phosphate rock, magnesium, manganese, tin, iron ore, copper, nickel, cobalt, lead, zinc, lithium, and rare earth metals, as well as scandium, palladium, platinum, and base metals. Korab Resources Limited was incorporated in 1998 and is b… Read more