Platina Resources Ltd Asset Resilience Ratio
Platina Resources Ltd asset resilience ratio. 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. Read PGM total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Platina Resources Ltd (2010–2021)
Asset resilience ratio of Platina Resources Ltd from 2010 to 2021. This chart shows how Platina Resources Ltd's Asset Resilience Ratio has changed over time. See Platina Resources Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
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. For the complete balance sheet picture, see Platina Resources Ltd assets under control.
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 |
|---|---|---|
|
Valterra Platinum Limited
JSE:VAL |
Other Precious Metals & Mining | 9.40% |
|
Zimplats Holdings Ltd
AU:ZIM |
Other Precious Metals & Mining | 0.43% |
|
Tharisa plc
JSE:THA |
Other Precious Metals & Mining | 0.01% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
Antipa Minerals Ltd
AU:AZY |
Other Precious Metals & Mining | 36.40% |
|
Challenger Gold Ltd
AU:CEL |
Other Precious Metals & Mining | 21.01% |
|
Medallion Metals Ltd
AU:MM8 |
Other Precious Metals & Mining | 32.46% |
|
Midas Minerals Ltd
AU:MM1 |
Other Precious Metals & Mining | 1.07% |
Platina Resources Ltd Asset Resilience Ratio by Year (2010–2021)
Platina Resources Ltd asset resilience ratio by year from 2010 to 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 |
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About Platina Resources Ltd
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.