Qmines Ltd Asset Resilience Ratio
Qmines Ltd asset resilience ratio. 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. See QML 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 Qmines Ltd (2024–2024)
Asset resilience ratio of Qmines Ltd from 2024 to 2024. This chart shows how Qmines Ltd's Asset Resilience Ratio has changed over time. Read total liabilities of Qmines Ltd for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Qmines Ltd balance sheet assets.
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 |
|---|---|---|
|
Hindustan Copper Limited
NSE:HINDCOPPER |
Copper | 9.70% |
|
Ero Copper Corp
TO:ERO |
Copper | 5.49% |
|
Amerigo Resources Ltd.
TO:ARG |
Copper | 0.19% |
|
Marimaca Copper Corp
TO:MARI |
Copper | 19.42% |
|
WA1 Resources Ltd
AU:WA1 |
Copper | 0.00% |
|
First Copper Technology Co Ltd
TW:2009 |
Copper | 1.85% |
|
Caravel Minerals Ltd
AU:CVV |
Copper | 58.32% |
|
Kincora Copper Ltd
AU:KCC |
Copper | 21.31% |
Qmines Ltd Asset Resilience Ratio by Year (2024–2024)
Qmines Ltd asset resilience ratio by year from 2024 to 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 |
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About Qmines Ltd
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