Pacific Nickel Mines Ltd - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
-- |
About Pacific Nickel Mines Ltd
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