Meeka Metals Ltd - Asset Resilience Ratio
Meeka Metals Ltd (MEK) has an Asset Resilience Ratio of 50.82% 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 Meeka Metals Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2022)
This chart shows how Meeka Metals Ltd's Asset Resilience Ratio has changed over time. See MEK net asset value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Meeka Metals 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 Meeka Metals Ltd stock valuation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$55.11 Million | 50.82% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$55.11 Million | 50.82% |
Asset Resilience Insights
- Very High Liquidity: Meeka Metals Ltd maintains exceptional liquid asset reserves at 50.82% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Meeka Metals Ltd Industry Peers by Asset Resilience Ratio
Compare Meeka Metals Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
OceanaGold Corporation
TO:OGC |
Gold | 11.64% |
|
Perseus Mining Ltd
TO:PRU |
Gold | 33.53% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Hycroft Mining Holding Corporation
NASDAQ:HYMC |
Gold | 0.35% |
|
Seabridge Gold Inc.
TO:SEA |
Gold | 6.52% |
|
West African Resources Ltd
AU:WAF |
Gold | 0.00% |
|
Spartan Resources Ltd
AU:SPR |
Gold | 9.86% |
Annual Asset Resilience Ratio for Meeka Metals Ltd (2000–2022)
The table below shows the annual Asset Resilience Ratio data for Meeka Metals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-06-30 | 11.09% | AU$2.47 Million ≈ $1.75 Million |
AU$22.27 Million ≈ $15.76 Million |
-29.12pp |
| 2021-06-30 | 40.21% | AU$9.21 Million ≈ $6.52 Million |
AU$22.91 Million ≈ $16.21 Million |
-59.08pp |
| 2020-06-30 | 99.30% | AU$3.20 Million ≈ $2.26 Million |
AU$3.22 Million ≈ $2.28 Million |
+0.68pp |
| 2019-06-30 | 98.62% | AU$3.55 Million ≈ $2.51 Million |
AU$3.60 Million ≈ $2.55 Million |
-0.18pp |
| 2018-06-30 | 98.80% | AU$5.01 Million ≈ $3.54 Million |
AU$5.07 Million ≈ $3.59 Million |
+72.22pp |
| 2017-06-30 | 26.58% | AU$769.15K ≈ $544.22K |
AU$2.89 Million ≈ $2.05 Million |
+21.01pp |
| 2002-06-30 | 5.57% | AU$360.00K ≈ $254.72K |
AU$6.47 Million ≈ $4.58 Million |
+3.70pp |
| 2001-06-30 | 1.87% | AU$250.00K ≈ $176.89K |
AU$13.36 Million ≈ $9.45 Million |
+1.57pp |
| 2000-06-30 | 0.30% | AU$50.00K ≈ $35.38K |
AU$16.85 Million ≈ $11.93 Million |
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About Meeka Metals Ltd
Meeka Metals Limited engages in the exploration and development of gold properties in Western Australia. The company flagship property is the 100% owned Murchison Gold project located in the prolific Murchison Gold Fields, Western Australia. The company was formerly known as Meeka Gold Limited and changed its name to Meeka Metals Limited in July 2022. Meeka Metals Limited was incorporated in 1997… Read more