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. See Meeka Metals Ltd (MEK) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see Meeka Metals Ltd total assets.
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. Read MEK liabilities breakdown for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Agnico Eagle Mines Limited
TO:AEM |
Gold | 0.04% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Franco-Nevada Corporation
TO:FNV |
Gold | 5.92% |
|
Northern Star Resources Ltd
AU:NST |
Gold | 0.51% |
|
Lundin Gold Inc
TO:LUG |
Gold | 0.00% |
|
IAMGold Corporation
TO:IMG |
Gold | 5.86% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
New Gold Inc
TO:NGD |
Gold | 0.02% |
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 is based in West Perth, … Read more