NEX Metals Exploration Ltd - Asset Resilience Ratio
NEX Metals Exploration Ltd (NME) has an Asset Resilience Ratio of 43.54% as of December 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 NEX Metals Exploration Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how NEX Metals Exploration Ltd's Asset Resilience Ratio has changed over time. See NME book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down NEX Metals Exploration 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 NME market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$472.82K | 43.54% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$472.82K | 43.54% |
Asset Resilience Insights
- Very High Liquidity: NEX Metals Exploration Ltd maintains exceptional liquid asset reserves at 43.54% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
NEX Metals Exploration Ltd Industry Peers by Asset Resilience Ratio
Compare NEX Metals Exploration Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
OceanaGold Corporation
TO:OGC |
Gold | 11.64% |
|
Perseus Mining Ltd
TO:PRU |
Gold | 33.53% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Hycroft Mining Holding Corporation
NASDAQ:HYMC |
Gold | 0.35% |
|
Seabridge Gold Inc.
TO:SEA |
Gold | 6.52% |
|
West African Resources Ltd
AU:WAF |
Gold | 0.00% |
|
Spartan Resources Ltd
AU:SPR |
Gold | 9.86% |
Annual Asset Resilience Ratio for NEX Metals Exploration Ltd (2021–2023)
The table below shows the annual Asset Resilience Ratio data for NEX Metals Exploration Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 18.71% | AU$270.26K ≈ $191.23K |
AU$1.44 Million ≈ $1.02 Million |
+17.79pp |
| 2022-06-30 | 0.92% | AU$15.78K ≈ $11.17K |
AU$1.71 Million ≈ $1.21 Million |
-32.27pp |
| 2021-06-30 | 33.19% | AU$490.93K ≈ $347.36K |
AU$1.48 Million ≈ $1.05 Million |
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About NEX Metals Exploration Ltd
Nex Metals Explorations Limited engages in the exploration of mineral properties in Australia. The company primarily explores for gold, copper, and nickel deposits. It holds interests in the Kookynie gold project and the Yundamindra gold project located in the Eastern Goldfields, Western Australia. The company also holds interests in the Kookynie Tailings Research Project located in Cosmopolitan … Read more