Nova Minerals Ltd - Asset Resilience Ratio
Nova Minerals Ltd (NVA) has an Asset Resilience Ratio of 3.39% 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. Check Nova Minerals Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1993–2024)
This chart shows how Nova Minerals Ltd's Asset Resilience Ratio has changed over time. See Nova Minerals Ltd (NVA) balance sheet quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Nova Minerals 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 Nova Minerals Ltd market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$4.09 Million | 3.39% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$4.09 Million | 3.39% |
Asset Resilience Insights
- Limited Liquidity: Nova Minerals Ltd maintains only 3.39% 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.
Nova Minerals Ltd Industry Peers by Asset Resilience Ratio
Compare Nova Minerals Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
RIO Tinto Ltd
AU:RIO |
Other Industrial Metals & Mining | 0.45% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Liontown Resources Ltd
AU:LTR |
Other Industrial Metals & Mining | 22.16% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Merdeka Copper Gold PT
JK:MDKA |
Other Industrial Metals & Mining | 0.42% |
Annual Asset Resilience Ratio for Nova Minerals Ltd (1993–2024)
The table below shows the annual Asset Resilience Ratio data for Nova Minerals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 2.94% | AU$3.15 Million ≈ $2.23 Million |
AU$107.25 Million ≈ $75.88 Million |
-12.54pp |
| 2023-06-30 | 15.47% | AU$18.93 Million ≈ $13.39 Million |
AU$122.34 Million ≈ $86.56 Million |
-4.02pp |
| 2022-06-30 | 19.49% | AU$21.11 Million ≈ $14.94 Million |
AU$108.33 Million ≈ $76.65 Million |
-8.52pp |
| 2021-06-30 | 28.01% | AU$15.93 Million ≈ $11.27 Million |
AU$56.87 Million ≈ $40.24 Million |
+6.40pp |
| 2020-06-30 | 21.61% | AU$4.61 Million ≈ $3.26 Million |
AU$21.33 Million ≈ $15.09 Million |
+9.35pp |
| 2019-06-30 | 12.26% | AU$1.44 Million ≈ $1.02 Million |
AU$11.78 Million ≈ $8.33 Million |
-25.60pp |
| 2018-06-30 | 37.86% | AU$2.93 Million ≈ $2.07 Million |
AU$7.74 Million ≈ $5.48 Million |
+9.35pp |
| 2017-06-30 | 28.52% | AU$1.14 Million ≈ $804.52K |
AU$3.99 Million ≈ $2.82 Million |
+80.41pp |
| 2000-06-30 | -51.89% | AU$-1.28 Million ≈ $-904.42K |
AU$2.46 Million ≈ $1.74 Million |
-12.21pp |
| 1999-06-30 | -39.68% | AU$-2.37 Million ≈ $-1.68 Million |
AU$5.98 Million ≈ $4.23 Million |
-29.67pp |
| 1998-06-30 | -10.01% | AU$-1.48 Million ≈ $-1.05 Million |
AU$14.78 Million ≈ $10.46 Million |
-10.21pp |
| 1995-06-30 | 0.20% | AU$20.00K ≈ $14.15K |
AU$10.12 Million ≈ $7.16 Million |
-0.30pp |
| 1994-06-30 | 0.50% | AU$19.00K ≈ $13.44K |
AU$3.83 Million ≈ $2.71 Million |
-0.10pp |
| 1993-06-30 | 0.59% | AU$16.00K ≈ $11.32K |
AU$2.69 Million ≈ $1.90 Million |
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About Nova Minerals Ltd
Nova Minerals Limited engages in the exploration of mineral properties in Australia and the United States. The company explores for gold, antimony, and critical minerals. It owns 85% interest in the flagship Estelle Gold project comprising 803 mining claims covering an area of 514 square kilometers located in the State of Alaska. The company was formerly known as Quantum Resources Limited and cha… Read more