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. Read total liabilities of Qmines Ltd for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2024–2024)
This chart shows how Qmines Ltd's Asset Resilience Ratio has changed over time. See Qmines Ltd net assets for net asset value and shareholders' equity analysis.
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 company net worth.
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 |
|---|---|---|
|
Sandfire Resources Ltd
AU:SFR |
Copper | 3.86% |
|
Atalaya Mining Ltd
F:E5S1 |
Copper | 0.01% |
|
MAC Copper Ltd
AU:MAC |
Copper | 0.41% |
|
WA1 Resources Ltd
AU:WA1 |
Copper | 0.00% |
|
Copper Fox Metals Inc.
V:CUU |
Copper | 0.04% |
|
Austral Resources Australia Ltd
AU:AR1 |
Copper | 0.07% |
|
Alma Metals Ltd
AU:ALM |
Copper | 40.91% |
|
Redstone Resources Ltd
AU:RDS |
Copper | 7.75% |
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 |
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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