Minerals 260 Ltd Asset Resilience Ratio
Minerals 260 Ltd asset resilience ratio. Minerals 260 Ltd (MI6) has an Asset Resilience Ratio of 0.29% as of June 2023. 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 MI6 total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Minerals 260 Ltd (2022–2023)
Asset resilience ratio of Minerals 260 Ltd from 2022 to 2023. This chart shows how Minerals 260 Ltd's Asset Resilience Ratio has changed over time. See financial agility of Minerals 260 Ltd to measure the company's free cash flow as a share of total liabilities.
Liquid Assets Composition Over Time
This chart breaks down Minerals 260 Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Minerals 260 Ltd total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$50.00K | 0.29% |
| Total Liquid Assets | AU$50.00K | 0.29% |
Asset Resilience Insights
- Limited Liquidity: Minerals 260 Ltd maintains only 0.29% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Minerals 260 Ltd Industry Peers by Asset Resilience Ratio
Compare Minerals 260 Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Valterra Platinum Limited
JSE:VAL |
Other Precious Metals & Mining | 9.40% |
|
Zimplats Holdings Ltd
AU:ZIM |
Other Precious Metals & Mining | 0.43% |
|
Tharisa plc
JSE:THA |
Other Precious Metals & Mining | 0.01% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
Antipa Minerals Ltd
AU:AZY |
Other Precious Metals & Mining | 36.40% |
|
Challenger Gold Ltd
AU:CEL |
Other Precious Metals & Mining | 21.01% |
|
Medallion Metals Ltd
AU:MM8 |
Other Precious Metals & Mining | 32.46% |
|
Midas Minerals Ltd
AU:MM1 |
Other Precious Metals & Mining | 1.07% |
Minerals 260 Ltd Asset Resilience Ratio by Year (2022–2023)
Minerals 260 Ltd asset resilience ratio by year from 2022 to 2023. The table below shows the annual Asset Resilience Ratio data for Minerals 260 Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 0.29% | AU$50.00K ≈ $35.38K |
AU$17.52 Million ≈ $12.40 Million |
+0.07pp |
| 2022-06-30 | 0.21% | AU$50.00K ≈ $35.38K |
AU$23.73 Million ≈ $16.79 Million |
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About Minerals 260 Ltd
Minerals 260 Limited engages in the exploration and evaluation of mineral resources in Australia. The company explores for gold, palladium, nickel, copper, and rare earths elements, as well as precious and battery-related metals. The company holds 100% interest in the Bullabulling Gold Project located in south-west of Kalgoorlie, Western Australian in the Eastern Goldfields; and the Moora project… Read more