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. Check Meteoric Resources NL PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2024)
This chart shows how Meteoric Resources NL's Asset Resilience Ratio has changed over time. See Meteoric Resources NL (MEI) net asset quality to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see market cap of Meteoric Resources NL.
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$-181.58K | -1.10% |
Asset Resilience Insights
- Limited Liquidity: Meteoric Resources NL maintains only -1.10% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Meteoric Resources NL Industry Peers by Asset Resilience Ratio
Compare Meteoric Resources NL's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.04% |
|
Lynas Rare EARTHS Ltd
AU:LYC |
Other Industrial Metals & Mining | 0.00% |
|
Ivanhoe Mines Ltd.
TO:IVN |
Other Industrial Metals & Mining | 0.50% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Cufe Ltd
AU:CUF |
Other Industrial Metals & Mining | 33.91% |
|
Liontown Resources Ltd
AU:LTR |
Other Industrial Metals & Mining | 22.16% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
Annual Asset Resilience Ratio for Meteoric Resources NL (2020–2024)
The table below shows the annual Asset Resilience Ratio data for Meteoric Resources NL.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | -1.10% | AU$-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