New World Resources Ltd - Asset Resilience Ratio

Latest as of June 2023: 4.92%

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. See NWC net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$2.62 Million
≈ $1.86 Million USD Cash + Short-term Investments

Total Assets

AU$53.31 Million
≈ $37.72 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2023)

This chart shows how New World Resources Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see New World Resources Ltd balance sheet assets.

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. Explore NWC long-term investments to assets to see how much of total assets are deployed in long-term investments.

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
Fortescue Ltd
AU:FMG
Other Industrial Metals & Mining 15.12%
SOUTH32 Ltd
AU:S32
Other Industrial Metals & Mining 12.06%
Guocheng Mining Co Ltd
SHE:000688
Other Industrial Metals & Mining 2.99%
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
Other Industrial Metals & Mining 0.00%
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
Other Industrial Metals & Mining -0.30%
Zhuzhou Smelter Group Co Ltd
SHG:600961
Other Industrial Metals & Mining 1.74%
Vale Indonesia Tbk
JK:INCO
Other Industrial Metals & Mining 0.07%
Tibet Huayu Mining Co Ltd
SHG:601020
Other Industrial Metals & Mining 0.12%

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
--
pp = percentage points

About New World Resources Ltd

AU:NWC Australia Other Industrial Metals & Mining
Market Cap
$172.25 Million
AU$243.44 Million AUD
Market Cap Rank
#17233 Global
#496 in Australia
Share Price
AU$0.07
Change (1 day)
+0.00%
52-Week Range
AU$0.07 - AU$0.07
All Time High
AU$0.14
About

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