New World Resources Ltd Asset Resilience Ratio

Latest as of June 2023: 4.92%

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

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 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
--
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
#16879 Global
#481 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