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. See Qmines Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Qmines Ltd assets under control.

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. Read QML total debt and obligations for a breakdown of total debt and financial obligations.

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
First Quantum Minerals Ltd TO:FM	Copper	2.84%
Lundin Mining Corporation TO:LUN	Copper	0.28%
Tongling Nonferrous Metals Group Co Ltd SHE:000630	Copper	0.73%
Sandfire Resources Ltd AU:SFR	Copper	3.86%
Yunnan Copper Co Ltd SHE:000878	Copper	0.00%
WA1 Resources Ltd AU:WA1	Copper	0.00%
Highland Copper Company Inc. V:HI	Copper	30.74%
Kincora Copper Ltd AU:KCC	Copper	21.31%

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

$34.96 Million

AU$49.41 Million AUD

Market Cap Rank

#23348 Global

#882 in Australia

Share Price

AU$0.06

Change (1 day)

-3.03%

52-Week Range

AU$0.04 - AU$0.07

All Time High

AU$0.48