New World Resources Ltd - Asset Resilience Ratio
New World Resources Ltd (NWC) has an Asset Resilience Ratio of 4.92% as of June 2023. 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 asset allocation strategy of New World Resources Ltd to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2023)
This chart shows how New World Resources Ltd's Asset Resilience Ratio has changed over time. See net asset quality index of New World Resources Ltd to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down New World 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 New World Resources Ltd stock valuation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$2.62 Million | 4.92% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$2.62 Million | 4.92% |
Asset Resilience Insights
- Limited Liquidity: New World Resources Ltd maintains only 4.92% 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.
New World Resources Ltd Industry Peers by Asset Resilience Ratio
Compare New World Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.04% |
|
Lynas Rare EARTHS Ltd
AU:LYC |
Other Industrial Metals & Mining | 0.00% |
|
Ivanhoe Mines Ltd.
TO:IVN |
Other Industrial Metals & Mining | 0.50% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Cufe Ltd
AU:CUF |
Other Industrial Metals & Mining | 33.91% |
|
Liontown Resources Ltd
AU:LTR |
Other Industrial Metals & Mining | 22.16% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
Annual Asset Resilience Ratio for New World Resources Ltd (2016–2023)
The table below shows the annual Asset Resilience Ratio data for New World Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 4.92% | AU$2.62 Million ≈ $1.86 Million |
AU$53.31 Million ≈ $37.72 Million |
-4.69pp |
| 2022-06-30 | 9.61% | AU$4.36 Million ≈ $3.09 Million |
AU$45.39 Million ≈ $32.12 Million |
-36.68pp |
| 2021-06-30 | 46.29% | AU$23.08 Million ≈ $16.33 Million |
AU$49.85 Million ≈ $35.28 Million |
+40.94pp |
| 2020-06-30 | 5.35% | AU$1.00 Million ≈ $708.83K |
AU$18.73 Million ≈ $13.25 Million |
-5.20pp |
| 2019-06-30 | 10.55% | AU$1.74 Million ≈ $1.23 Million |
AU$16.48 Million ≈ $11.66 Million |
-3.15pp |
| 2018-06-30 | 13.70% | AU$2.47 Million ≈ $1.75 Million |
AU$18.02 Million ≈ $12.75 Million |
-16.72pp |
| 2017-06-30 | 30.42% | AU$3.22 Million ≈ $2.28 Million |
AU$10.57 Million ≈ $7.48 Million |
+27.60pp |
| 2016-06-30 | 2.83% | AU$164.41K ≈ $116.33K |
AU$5.82 Million ≈ $4.12 Million |
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About New World Resources Ltd
New World Resources Limited engages in the exploration and development of mineral properties in North America. The company explores for copper, zinc, silver, gold, and lead deposits. It holds 100% interest in the Antler copper project situated near the east of Yucca in northwestern Arizona; the Javelin VMS project covering approximately 4,000 acres located near Antler project in Arizona; and the … Read more