Meteoric Resources NL Asset Resilience Ratio
Meteoric Resources NL asset resilience ratio. Meteoric Resources NL (MEI) has an Asset Resilience Ratio of -1.10% 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 defensive interval ratio of Meteoric Resources NL to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Meteoric Resources NL (2020–2024)
Asset resilience ratio of Meteoric Resources NL from 2020 to 2024. This chart shows how Meteoric Resources NL's Asset Resilience Ratio has changed over time. Read MEI total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Meteoric Resources NL'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 Meteoric Resources NL total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$-181.58K | -1.1% |
| Total Liquid Assets | AU$-181.58K | -1.10% |
Asset Resilience Insights
- Limited Liquidity: Meteoric Resources NL maintains only -1.10% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Meteoric Resources NL Industry Peers by Asset Resilience Ratio
Compare Meteoric Resources NL's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Xiamen Tungsten Co Ltd
SHG:600549 |
Other Industrial Metals & Mining | 1.91% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962 |
Other Industrial Metals & Mining | -0.30% |
|
Nickel Industries Ltd
AU:NIC |
Other Industrial Metals & Mining | 7.58% |
|
African Rainbow Minerals Ltd
JSE:ARI |
Other Industrial Metals & Mining | 0.82% |
|
Lithium Americas Corp
TO:LAC |
Other Industrial Metals & Mining | 15.88% |
|
Santacruz Silver Mining Ltd. Common Shares
NASDAQ:SCZM |
Other Industrial Metals & Mining | 3.68% |
|
Arafura Rare EARTHS Ltd
AU:ARU |
Other Industrial Metals & Mining | 57.63% |
Meteoric Resources NL Asset Resilience Ratio by Year (2020–2024)
Meteoric Resources NL asset resilience ratio by year from 2020 to 2024. The table below shows the annual Asset Resilience Ratio data for Meteoric Resources NL.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | -1.10% | AU$-181.58K ≈ $-128.48K |
AU$16.47 Million ≈ $11.65 Million |
-77.64pp |
| 2021-06-30 | 76.54% | AU$3.97 Million ≈ $2.81 Million |
AU$5.18 Million ≈ $3.67 Million |
-19.78pp |
| 2020-06-30 | 96.31% | AU$6.51 Million ≈ $4.61 Million |
AU$6.76 Million ≈ $4.78 Million |
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About Meteoric Resources NL
Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. The company explores for gold, copper, and diamond deposits. It also owns Webb JV project covers an area of 961 square kilometers located in Western Australia; and the Warrego North IOCG project located in the Northern Territory. In addition, the company holds interests in the Caldei… Read more