Platina Resources Ltd - Asset Resilience Ratio

Latest as of December 2021: 9.95%

Platina Resources Ltd (PGM) has an Asset Resilience Ratio of 9.95% as of December 2021. 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 Platina Resources Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$1.61 Million
≈ $1.14 Million USD Cash + Short-term Investments

Total Assets

AU$16.18 Million
≈ $11.45 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2010–2021)

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

Liquid Assets Composition Over Time

This chart breaks down Platina Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Platina Resources Ltd long-term investment intensity 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$1.61 Million 9.95%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$1.61 Million 9.95%

Asset Resilience Insights

  • Limited Liquidity: Platina Resources Ltd maintains only 9.95% 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.

Platina Resources Ltd Industry Peers by Asset Resilience Ratio

Compare Platina Resources Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
China Gold International Resources
TO:CGG
Other Precious Metals & Mining 11.22%
Artemis Gold Inc
V:ARTG
Other Precious Metals & Mining 0.00%
Triple Flag Precious Metals Corp
TO:TFPM
Other Precious Metals & Mining 7.79%
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
Other Precious Metals & Mining 0.84%
Aic Mines Ltd
AU:A1M
Other Precious Metals & Mining 0.01%
29METALS Ltd
AU:29M
Other Precious Metals & Mining 0.00%
Orvana Minerals Corp.
TO:ORV
Other Precious Metals & Mining 15.73%
Sierra Madre Gold and Silver Ltd
V:SM
Other Precious Metals & Mining 5.46%

Annual Asset Resilience Ratio for Platina Resources Ltd (2010–2021)

The table below shows the annual Asset Resilience Ratio data for Platina Resources Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-06-30 10.69% AU$2.59 Million
≈ $1.84 Million
AU$24.26 Million
≈ $17.17 Million
-72.46pp
2020-06-30 83.15% AU$1.12 Million
≈ $790.75K
AU$1.34 Million
≈ $950.99K
-10.80pp
2019-06-30 93.95% AU$1.30 Million
≈ $919.09K
AU$1.38 Million
≈ $978.24K
+80.85pp
2018-06-30 13.11% AU$4.17 Million
≈ $2.95 Million
AU$31.82 Million
≈ $22.51 Million
-11.71pp
2017-06-30 24.82% AU$8.04 Million
≈ $5.69 Million
AU$32.38 Million
≈ $22.91 Million
+11.82pp
2016-06-30 13.00% AU$3.33 Million
≈ $2.36 Million
AU$25.63 Million
≈ $18.13 Million
+12.98pp
2012-06-30 0.02% AU$5.22K
≈ $3.69K
AU$26.94 Million
≈ $19.07 Million
-0.02pp
2011-06-30 0.04% AU$12.00K
≈ $8.49K
AU$27.96 Million
≈ $19.78 Million
-0.07pp
2010-06-30 0.12% AU$22.50K
≈ $15.92K
AU$19.33 Million
≈ $13.68 Million
--
pp = percentage points

About Platina Resources Ltd

AU:PGM Australia Other Precious Metals & Mining
Market Cap
$10.50 Million
AU$14.83 Million AUD
Market Cap Rank
#27034 Global
#1280 in Australia
Share Price
AU$0.02
Change (1 day)
-8.00%
52-Week Range
AU$0.02 - AU$0.04
All Time High
AU$0.24
About

Platina Resources Limited acquires, explores for, and develops precious metals and other mineral deposits in Australia. It explores for platinum group metals, zinc and gold, and base metals. Platina Resources Limited was incorporated in 2006 and is headquartered in Mount Hawthorn, Australia.