Korab Resources Ltd Asset Resilience Ratio
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 (KOR) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Korab Resources Ltd (2016–2024)
Asset resilience ratio of Korab Resources Ltd from 2016 to 2024. This chart shows how Korab Resources Ltd's Asset Resilience Ratio has changed over time. Read Korab Resources Ltd debt and liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see KOR total asset value.
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 |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
China Molybdenum Co. Ltd
F:D7N |
Other Industrial Metals & Mining | 2.61% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Tibet Mineral Development Co Ltd
SHE:000762 |
Other Industrial Metals & Mining | 0.67% |
|
Perenti Ltd
AU:PRN |
Other Industrial Metals & Mining | 8.69% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
Korab Resources Ltd Asset Resilience Ratio by Year (2016–2024)
Korab Resources Ltd asset resilience ratio by year from 2016 to 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