Mec Resources Ltd - Asset Resilience Ratio

Latest as of June 2024: -50.59%

Mec Resources Ltd (MMR) has an Asset Resilience Ratio of -50.59% as of June 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 working capital position of Mec Resources Ltd to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$-4.16 Million

≈ $-2.94 Million USD Cash + Short-term Investments

Total Assets

AU$8.23 Million

≈ $5.82 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2017–2024)

This chart shows how Mec Resources Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Mec Resources Ltd balance sheet assets.

Liquid Assets Composition Over Time

This chart breaks down Mec Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Mec Resources Ltd (MMR) investment intensity to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	AU$0.00	0%
Short-term Investments	AU$-4.16 Million	-50.59%
Total Liquid Assets	AU$-4.16 Million	-50.59%

Asset Resilience Insights

Limited Liquidity: Mec Resources Ltd maintains only -50.59% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Mec Resources Ltd Industry Peers by Asset Resilience Ratio

Compare Mec Resources Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Var Energi ASA OL:VAR	Oil & Gas E&P	2.67%
Peyto Exploration&Development Corp TO:PEY	Oil & Gas E&P	1.27%
Talos Energy NYSE:TALO	Oil & Gas E&P	0.05%
Energi Mega Persada Tbk JK:ENRG	Oil & Gas E&P	0.08%
Kosmos Energy Ltd NYSE:KOS	Oil & Gas E&P	1.95%
Kelt Exploration Ltd. TO:KEL	Oil & Gas E&P	0.08%
Tamboran Resources Corporation AU:TBN	Oil & Gas E&P	8.86%
GEOPARK LTD. DL -001 F:G6O	Oil & Gas E&P	0.00%

Annual Asset Resilience Ratio for Mec Resources Ltd (2017–2024)

The table below shows the annual Asset Resilience Ratio data for Mec Resources Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2024-06-30	-50.59%	AU$-4.16 Million ≈ $-2.94 Million	AU$8.23 Million ≈ $5.82 Million	-59.01pp
2023-06-30	8.42%	AU$1.59 Million ≈ $1.12 Million	AU$18.85 Million ≈ $13.34 Million	+1.25pp
2022-06-30	7.17%	AU$1.48 Million ≈ $1.04 Million	AU$20.59 Million ≈ $14.57 Million	-2.53pp
2021-06-30	9.69%	AU$872.74K ≈ $617.52K	AU$9.00 Million ≈ $6.37 Million	+9.67pp
2020-06-30	0.02%	AU$2.16K ≈ $1.53K	AU$9.07 Million ≈ $6.42 Million	-4.80pp
2019-06-30	4.83%	AU$563.15K ≈ $398.46K	AU$11.67 Million ≈ $8.26 Million	+1.19pp
2018-06-30	3.64%	AU$465.13K ≈ $329.11K	AU$12.79 Million ≈ $9.05 Million	+2.36pp
2017-06-30	1.27%	AU$385.65K ≈ $272.87K	AU$30.33 Million ≈ $21.46 Million	--

pp = percentage points

About Mec Resources Ltd

AU:MMR Australia Oil & Gas E&P

Market Cap

$2.65 Million

AU$3.74 Million AUD

Market Cap Rank

#29745 Global

#1706 in Australia

Share Price

AU$0.00

Change (1 day)

+0.00%

52-Week Range

AU$0.00 - AU$0.01

All Time High

AU$0.04