Latitude 66 Ltd

AU:LAT Australia Gold
Market Cap
$16.83 Million
AU$27.19 Million AUD
Market Cap Rank
#28845 Global
#763 in Australia
Share Price
AU$0.15
Change (1 day)
+7.14%
52-Week Range
AU$0.02 - AU$0.21
All Time High
AU$0.21
Categories
Companies in Australia Gold
About

Latitude 66 Limited engages in exploration and development of gold and base metals mineral resources in Finland and Australia. The company also explores for cobalt deposits. Its flagship project is the Kuusamo Schist Belt Project located in Finland. Latitude 66 Limited is based in West Perth, Australia.

Latitude 66 Ltd - Asset Resilience Ratio

Latest as of June 2025: 3.13%

Latitude 66 Ltd (LAT) has an Asset Resilience Ratio of 3.13% as of June 2025. 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.

Liquid Assets
AU$560.48K
Cash + Short-term Investments
Total Assets
AU$17.90 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2025)

This chart shows how Latitude 66 Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Latitude 66 Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$438.03K 2.45%
Short-term Investments AU$122.45K 0.68%
Total Liquid Assets AU$560.48K 3.13%

Asset Resilience Insights

  • Limited Liquidity: Latitude 66 Ltd maintains only 3.13% 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.

Latitude 66 Ltd Industry Peers by Asset Resilience Ratio

Compare Latitude 66 Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
McLaren Resources Inc
F:3ML 		Gold 0.00%
PC Gold Ltd
AU:PC2 		Gold 7.77%
4LE
F:4LE 		Gold 0.95%
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 		Gold 4.22%
Bahvest Resources Bhd
KLSE:0098 		Gold 31.41%
Aruma Resources Ltd
AU:AAJ 		Gold 46.02%

Annual Asset Resilience Ratio for Latitude 66 Ltd (2021–2025)

The table below shows the annual Asset Resilience Ratio data for Latitude 66 Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2025-06-30 3.13% AU$560.48K AU$17.90 Million -16.06pp
2024-06-30 19.19% AU$5.76 Million AU$30.00 Million -8.71pp
2023-06-30 27.90% AU$2.87 Million AU$10.28 Million +17.68pp
2022-06-30 10.22% AU$831.70K AU$8.13 Million +4.95pp
2021-06-30 5.28% AU$457.46K AU$8.67 Million --
pp = percentage points