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. Read MMR liabilities breakdown for a breakdown of total debt and financial obligations.

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. See net assets of Mec Resources Ltd for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see MMR market cap overview.

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
Strathcona Resources Ltd. TO:SCR	Oil & Gas E&P	11.66%
Santos Ltd AU:STO	Oil & Gas E&P	0.21%
Energi Mega Persada Tbk JK:ENRG	Oil & Gas E&P	0.08%
Northern Oil & Gas Inc NYSE:NOG	Oil & Gas E&P	0.58%
Headwater Exploration Inc TO:HWX	Oil & Gas E&P	12.12%
Mach Natural Resources LP NYSE:MNR	Oil & Gas E&P	1.42%
Vermilion Energy Inc. TO:VET	Oil & Gas E&P	0.09%
Spartan Delta Corp TO:SDE	Oil & Gas E&P	0.03%

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

$6.62 Million

AU$9.36 Million AUD

Market Cap Rank

#27797 Global

#1475 in Australia

Share Price

AU$0.01

Change (1 day)

+0.00%

52-Week Range

AU$0.00 - AU$0.01

All Time High

AU$0.04