Mec Resources Ltd Asset Resilience Ratio
Mec Resources Ltd asset resilience ratio. 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 Mec Resources Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Mec Resources Ltd (2017–2024)
Asset resilience ratio of Mec Resources Ltd from 2017 to 2024. This chart shows how Mec Resources Ltd's Asset Resilience Ratio has changed over time. Read Mec Resources Ltd (MMR) total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see MMR asset base.
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$-4.16 Million | -50.59% |
Asset Resilience Insights
- Limited Liquidity: Mec Resources Ltd maintains only -50.59% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Mec Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Mec Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Tourmaline Oil Corp.
TO:TOU |
Oil & Gas E&P | 0.39% |
|
Permian Resources Corporation
NYSE:PR |
Oil & Gas E&P | 0.84% |
|
APA Corporation
NASDAQ:APA |
Oil & Gas E&P | 0.00% |
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2 |
Oil & Gas E&P | 0.09% |
|
International Petroleum Corp
TO:IPCO |
Oil & Gas E&P | 1.08% |
|
Gulfport Energy Operating Corp
NYSE:GPOR |
Oil & Gas E&P | 1.49% |
|
Northern Oil & Gas Inc
NYSE:NOG |
Oil & Gas E&P | 0.26% |
Mec Resources Ltd Asset Resilience Ratio by Year (2017–2024)
Mec Resources Ltd asset resilience ratio by year from 2017 to 2024. The table below shows the annual Asset Resilience Ratio data for Mec Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | -50.59% | AU$-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 |
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About Mec Resources Ltd
MEC Resources Limited, through its subsidiaries, operates as an oil and gas exploration and development company in Australia. The company was formerly known as MEC Strategic Ltd. MEC Resources Limited was incorporated in 2005 and is based in South Perth, Australia.