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. See Pacific Nickel Mines Ltd (PNM) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Pacific Nickel Mines Ltd total assets.

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. Explore Pacific Nickel Mines Ltd (PNM) long-term investment share 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$1.14 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
Agnico Eagle Mines Limited
TO:AEM
Gold 0.04%
Wheaton Precious Metals Corp
TO:WPM
Gold 1.69%
Franco-Nevada Corporation
TO:FNV
Gold 5.92%
Northern Star Resources Ltd
AU:NST
Gold 0.51%
Lundin Gold Inc
TO:LUG
Gold 0.00%
IAMGold Corporation
TO:IMG
Gold 5.86%
AngloGold Ashanti Ltd
JSE:ANG
Gold 13.83%
New Gold Inc
TO:NGD
Gold 0.02%

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
#27941 Global
#1416 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