Pacific Nickel Mines Ltd Asset Resilience Ratio
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 PNM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Pacific Nickel Mines Ltd (2005–2023)
Asset resilience ratio of Pacific Nickel Mines Ltd from 2005 to 2023. This chart shows how Pacific Nickel Mines Ltd's Asset Resilience Ratio has changed over time. Read Pacific Nickel Mines Ltd (PNM) total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Pacific Nickel Mines Ltd balance sheet assets.
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 |
|---|---|---|
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
Evolution Mining Ltd
AU:EVN |
Gold | 9.64% |
|
Equinox Gold Corp
TO:EQX |
Gold | 1.42% |
|
Dundee Precious Metals Inc
TO:DPM |
Gold | 16.16% |
|
Perseus Mining Ltd
AU:PRU |
Gold | 14.98% |
|
OceanaGold Corporation
TO:OGC |
Gold | 13.91% |
Pacific Nickel Mines Ltd Asset Resilience Ratio by Year (2005–2023)
Pacific Nickel Mines Ltd asset resilience ratio by year from 2005 to 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 |
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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