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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2022–2023)
This chart shows how Minerals 260 Ltd's Asset Resilience Ratio has changed over time. Check strategic asset allocation of Minerals 260 Ltd to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see Minerals 260 Ltd (MI6) market capitalisation.
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 |
|---|---|---|
|
Yintai Resources Co Ltd
SHE:000975 |
Other Precious Metals & Mining | 7.47% |
|
Northam Platinum Holdings Ltd
JSE:NPH |
Other Precious Metals & Mining | 0.10% |
|
AbraSilver Resource Corp.
TO:ABRA |
Other Precious Metals & Mining | 43.86% |
|
Zimplats Holdings Ltd
AU:ZIM |
Other Precious Metals & Mining | 0.28% |
|
GoGold Resources Inc.
TO:GGD |
Other Precious Metals & Mining | 47.60% |
|
Blackrock Silver Corp
V:BRC |
Other Precious Metals & Mining | 2.26% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
Patagonia Gold Corp
V:PGDC |
Other Precious Metals & Mining | 3.77% |
Annual Asset Resilience Ratio for Minerals 260 Ltd (2022–2023)
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