Michael Hill International Ltd - Asset Resilience Ratio

Latest as of December 2020: 16.65%

Michael Hill International Ltd (MHJ) has an Asset Resilience Ratio of 16.65% as of December 2020. 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 Michael Hill International Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$90.31 Million
≈ $63.90 Million USD Cash + Short-term Investments

Total Assets

AU$542.37 Million
≈ $383.76 Million USD All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio Trend (2001–2017)

This chart shows how Michael Hill International Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Michael Hill International Ltd.

Liquid Assets Composition Over Time

This chart breaks down Michael Hill International Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Michael Hill International Ltd (MHJ) financial obligations for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$90.31 Million 16.65%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$90.31 Million 16.65%

Asset Resilience Insights

  • Good Liquidity Position: Michael Hill International Ltd maintains a healthy 16.65% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Michael Hill International Ltd Industry Peers by Asset Resilience Ratio

Compare Michael Hill International Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Pandora A/S
CO:PNDORA
Luxury Goods 0.12%
Renaissance Global Limited
NSE:RGL
Luxury Goods 6.36%
Jubilee Enterprise Public Company Limited
BK:JUBILE
Luxury Goods 48.37%
Cettire Ltd
AU:CTT
Luxury Goods 0.13%
MENNICA SKARB.AB ZY -10
F:98S
Luxury Goods 7.93%
Atlas Pearls Ltd
AU:ATP
Luxury Goods 13.87%
Technos S.A
SA:TECN3
Luxury Goods 2.41%
Mene Inc
V:MENE
Luxury Goods 0.80%

Annual Asset Resilience Ratio for Michael Hill International Ltd (2001–2017)

The table below shows the annual Asset Resilience Ratio data for Michael Hill International Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2017-06-30 0.00% AU$0.00
≈ $0.00
AU$408.57 Million
≈ $289.09 Million
--
2016-06-30 0.00% AU$0.00
≈ $0.00
AU$402.98 Million
≈ $285.13 Million
--
2015-06-30 0.02% AU$60.00K
≈ $42.45K
AU$351.01 Million
≈ $248.36 Million
-0.59pp
2001-06-30 0.61% AU$558.00K
≈ $394.82K
AU$91.33 Million
≈ $64.62 Million
--
pp = percentage points

About Michael Hill International Ltd

AU:MHJ Australia Luxury Goods
Market Cap
$91.22 Million
AU$128.92 Million AUD
Market Cap Rank
#19613 Global
#642 in Australia
Share Price
AU$0.34
Change (1 day)
-1.47%
52-Week Range
AU$0.31 - AU$0.47
All Time High
AU$1.24
About

Michael Hill International Limited operates in the retail sale of jewellery and related services sector in Australia, New Zealand, and Canada. It offers rings, earrings, charms, bracelets and bangles, necklaces and pendants, chains, watches, gemstones, anklets, and gifts, as well as birthstones. The company also provides professional care plans and diamond warranty services; and financial solutio… Read more