Pacific Nickel Mines Ltd - Asset Resilience Ratio

Latest as of June 2023: 4.56%

Pacific Nickel Mines Ltd (PNM) has an Asset Resilience Ratio of 4.56% 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. Read total liabilities of Pacific Nickel Mines Ltd for a breakdown of total debt and financial obligations.

Liquid Assets

AU$1.14 Million
≈ $808.10K USD Cash + Short-term Investments

Total Assets

AU$25.04 Million
≈ $17.72 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2005–2023)

This chart shows how Pacific Nickel Mines Ltd's Asset Resilience Ratio has changed over time. See PNM total equity for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Pacific Nickel Mines Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Pacific Nickel Mines Ltd (PNM) total market value.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$1.14 Million 4.56%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$1.14 Million 4.56%

Asset Resilience Insights

  • Limited Liquidity: Pacific Nickel Mines Ltd maintains only 4.56% 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.

Pacific Nickel Mines Ltd Industry Peers by Asset Resilience Ratio

Compare Pacific Nickel Mines Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Barrick Gold Corp
TO:ABX
Gold 13.03%
OceanaGold Corporation
TO:OGC
Gold 11.64%
Perseus Mining Ltd
TO:PRU
Gold 33.53%
Aris Mining Corporation
TO:ARIS
Gold 17.45%
Hycroft Mining Holding Corporation
NASDAQ:HYMC
Gold 0.35%
Seabridge Gold Inc.
TO:SEA
Gold 6.52%
West African Resources Ltd
AU:WAF
Gold 0.00%
Spartan Resources Ltd
AU:SPR
Gold 9.86%

Annual Asset Resilience Ratio for Pacific Nickel Mines Ltd (2005–2023)

The table below shows the annual Asset Resilience Ratio data for Pacific Nickel Mines Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-06-30 4.56% AU$1.14 Million
≈ $808.10K
AU$25.04 Million
≈ $17.72 Million
-1.28pp
2022-06-30 5.84% AU$681.24K
≈ $482.02K
AU$11.67 Million
≈ $8.26 Million
-19.07pp
2021-06-30 24.90% AU$1.81 Million
≈ $1.28 Million
AU$7.26 Million
≈ $5.13 Million
+24.06pp
2020-06-30 0.84% AU$28.00K
≈ $19.81K
AU$3.32 Million
≈ $2.35 Million
-7.84pp
2019-06-30 8.69% AU$695.95K
≈ $492.43K
AU$8.01 Million
≈ $5.67 Million
+8.09pp
2018-06-30 0.59% AU$71.54K
≈ $50.62K
AU$12.06 Million
≈ $8.53 Million
-3.58pp
2017-06-30 4.18% AU$519.15K
≈ $367.33K
AU$12.43 Million
≈ $8.80 Million
+3.63pp
2016-06-30 0.55% AU$66.73K
≈ $47.22K
AU$12.17 Million
≈ $8.61 Million
+0.30pp
2008-06-30 0.25% AU$45.50K
≈ $32.19K
AU$18.23 Million
≈ $12.90 Million
-1.00pp
2007-06-30 1.25% AU$140.00K
≈ $99.06K
AU$11.17 Million
≈ $7.91 Million
-0.53pp
2006-06-30 1.79% AU$127.50K
≈ $90.21K
AU$7.13 Million
≈ $5.05 Million
-3.34pp
2005-06-30 5.13% AU$264.00K
≈ $186.80K
AU$5.15 Million
≈ $3.64 Million
--
pp = percentage points

About Pacific Nickel Mines Ltd

AU:PNM Australia Gold
Market Cap
$7.15 Million
AU$10.10 Million AUD
Market Cap Rank
#27626 Global
#1447 in Australia
Share Price
AU$0.02
Change (1 day)
+0.00%
52-Week Range
AU$0.02 - AU$0.02
All Time High
AU$0.02
About

Pacific Nickel Mines Limited engages in the mineral exploration and development business in Australia. It primarily explores for nickel deposits. The company's principal properties include the Jejevo and Kolosori nickel projects located on Santa Isabel Island. The company was formerly known as Malachite Resources Limited and changed its name to Pacific Nickel Mines Limited in November 2020. Pacif… Read more