Michael Hill International Ltd - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
-- |
About Michael Hill International Ltd
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