Qmines Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.07%

Qmines Ltd (QML) has an Asset Resilience Ratio of 0.07% as of June 2024. 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.

Liquid Assets

AU$15.45K
≈ $10.93K USD Cash + Short-term Investments

Total Assets

AU$21.49 Million
≈ $15.20 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2024–2024)

This chart shows how Qmines Ltd's Asset Resilience Ratio has changed over time. Check Qmines Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets Composition Over Time

This chart breaks down Qmines 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 QML market cap.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$0.00 0%
Short-term Investments AU$15.45K 0.07%
Total Liquid Assets AU$15.45K 0.07%

Asset Resilience Insights

  • Limited Liquidity: Qmines Ltd maintains only 0.07% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Qmines Ltd Industry Peers by Asset Resilience Ratio

Compare Qmines Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Lundin Mining Corporation
TO:LUN
Copper 0.28%
Capstone Mining Corp
TO:CS
Copper 4.46%
Pengxin International Mining Co Ltd
SHG:600490
Copper 1.34%
Imperial Metals Corporation
TO:III
Copper 0.00%
True North Copper Ltd
AU:TNC
Copper 12.09%
US Copper Corp
V:USCU
Copper 7.48%
NT Minerals Ltd
AU:NTM
Copper 1.72%
Sandfire Resources Ltd
AU:SFR
Copper 3.86%

Annual Asset Resilience Ratio for Qmines Ltd (2024–2024)

The table below shows the annual Asset Resilience Ratio data for Qmines Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 0.07% AU$15.45K
≈ $10.93K
AU$21.49 Million
≈ $15.20 Million
--
pp = percentage points

About Qmines Ltd

AU:QML Australia Copper
Market Cap
$27.04 Million
AU$38.21 Million AUD
Market Cap Rank
#24095 Global
#952 in Australia
Share Price
AU$0.06
Change (1 day)
+5.36%
52-Week Range
AU$0.04 - AU$0.07
All Time High
AU$0.48
About

QMines Limited explores and develops mineral properties in Australia. The company explores for gold, copper, zinc, and silver deposits. Its flagship project is the 100% owned Mount Chalmers project, which consists of five minerals exploration permits covering an area of 334 square kilometers located North-East of Rockhampton, Queensland. QMines Limited was incorporated in 2020 and is headquartere… Read more