Nova Minerals Ltd Asset Resilience Ratio
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. See NVA days of operational coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Nova Minerals Ltd (1993–2024)
Asset resilience ratio of Nova Minerals Ltd from 1993 to 2024. This chart shows how Nova Minerals Ltd's Asset Resilience Ratio has changed over time. Read NVA total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Nova Minerals Ltd balance sheet assets.
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 |
|---|---|---|
|
Xiamen Tungsten Co Ltd
SHG:600549 |
Other Industrial Metals & Mining | 1.91% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962 |
Other Industrial Metals & Mining | -0.30% |
|
Nickel Industries Ltd
AU:NIC |
Other Industrial Metals & Mining | 7.58% |
|
African Rainbow Minerals Ltd
JSE:ARI |
Other Industrial Metals & Mining | 0.82% |
|
Lithium Americas Corp
TO:LAC |
Other Industrial Metals & Mining | 15.88% |
|
Santacruz Silver Mining Ltd. Common Shares
NASDAQ:SCZM |
Other Industrial Metals & Mining | 3.68% |
|
Arafura Rare EARTHS Ltd
AU:ARU |
Other Industrial Metals & Mining | 57.63% |
Nova Minerals Ltd Asset Resilience Ratio by Year (1993–2024)
Nova Minerals Ltd asset resilience ratio by year from 1993 to 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 Corp, is a mining exploration and development company, focused on gold, antimony, and critical minerals. Its flagship project is the Estelle Gold and Critical Minerals project covering 514 square kilometers located in Alaska. Nova Minerals Corp is based in Greenwood Village, Colorado.