Legacy Minerals Holdings Ltd - Asset Resilience Ratio
Legacy Minerals Holdings Ltd (LGM) has an Asset Resilience Ratio of 0.20% 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 LGM liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2024)
This chart shows how Legacy Minerals Holdings Ltd's Asset Resilience Ratio has changed over time. See LGM book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Legacy Minerals Holdings 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 Legacy Minerals Holdings Ltd market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$20.00K | 0.2% |
| Total Liquid Assets | AU$20.00K | 0.20% |
Asset Resilience Insights
- Limited Liquidity: Legacy Minerals Holdings Ltd maintains only 0.20% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Legacy Minerals Holdings Ltd Industry Peers by Asset Resilience Ratio
Compare Legacy Minerals Holdings Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Vale S.A
F:CVLB |
Other Industrial Metals & Mining | 0.22% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.99% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 6.99% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Sichuan Anning Iron and Titanium Co
SHE:002978 |
Other Industrial Metals & Mining | 0.77% |
|
Elevra Lithium Limited
AU:ELV |
Other Industrial Metals & Mining | 11.08% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 34.78% |
Annual Asset Resilience Ratio for Legacy Minerals Holdings Ltd (2021–2024)
The table below shows the annual Asset Resilience Ratio data for Legacy Minerals Holdings Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 0.23% | AU$20.00K ≈ $14.15K |
AU$8.83 Million ≈ $6.25 Million |
-0.12pp |
| 2023-06-30 | 0.35% | AU$20.00K ≈ $14.15K |
AU$5.74 Million ≈ $4.06 Million |
-53.72pp |
| 2022-06-30 | 54.07% | AU$2.77 Million ≈ $1.96 Million |
AU$5.12 Million ≈ $3.62 Million |
-4.35pp |
| 2021-06-30 | 58.42% | AU$752.82K ≈ $532.67K |
AU$1.29 Million ≈ $911.78K |
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About Legacy Minerals Holdings Ltd
Legacy Minerals Holdings Limited engages in the acquisition and exploration of gold and copper projects in Australia. The company also explores for silver, zinc, lead, nickel, cobalt, platinum group elements, and base metal deposits. The company was founded in 2017 and is based in North Sydney, Australia.