New World Resources Ltd Asset Resilience Ratio
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. See NWC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of New World Resources Ltd (2016–2023)
Asset resilience ratio of New World Resources Ltd from 2016 to 2023. This chart shows how New World Resources Ltd's Asset Resilience Ratio has changed over time. Read total liabilities of New World Resources Ltd for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see New World Resources Ltd asset portfolio.
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 |
|---|---|---|
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Nickel Industries Ltd
AU:NIC |
Other Industrial Metals & Mining | 7.58% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
|
Alphamin Res
V:AFM |
Other Industrial Metals & Mining | 0.00% |
|
Metals X Ltd
AU:MLX |
Other Industrial Metals & Mining | 41.47% |
|
Talon Metals Corp
TO:TLO |
Other Industrial Metals & Mining | 11.81% |
New World Resources Ltd Asset Resilience Ratio by Year (2016–2023)
New World Resources Ltd asset resilience ratio by year from 2016 to 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