Ragusa Minerals Ltd - Asset Resilience Ratio
Ragusa Minerals Ltd (RAS) has an Asset Resilience Ratio of 9.51% as of December 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. Check how strategically is Ragusa Minerals Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2009–2023)
This chart shows how Ragusa Minerals Ltd's Asset Resilience Ratio has changed over time. See Ragusa Minerals Ltd net asset quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Ragusa Minerals 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 Ragusa Minerals Ltd (RAS) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$212.26K | 9.51% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$212.26K | 9.51% |
Asset Resilience Insights
- Limited Liquidity: Ragusa Minerals Ltd maintains only 9.51% 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.
Ragusa Minerals Ltd Industry Peers by Asset Resilience Ratio
Compare Ragusa Minerals Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Newmont Goldcorp Corp
NYSE:NEM |
Gold | 10.91% |
|
Newmont Corporation
AU:NEM |
Gold | 0.01% |
|
Shandong Gold Mining Co Ltd
SHG:600547 |
Gold | 1.68% |
|
New Gold Inc
TO:NGD |
Gold | 0.02% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Allied Gold Corporation
TO:AAUC |
Gold | 8.13% |
|
Emerald Resources NL
AU:EMR |
Gold | 0.01% |
|
G2 Goldfields Inc.
TO:GTWO |
Gold | 0.40% |
Annual Asset Resilience Ratio for Ragusa Minerals Ltd (2009–2023)
The table below shows the annual Asset Resilience Ratio data for Ragusa Minerals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 17.93% | AU$440.02K ≈ $311.34K |
AU$2.45 Million ≈ $1.74 Million |
-21.84pp |
| 2022-12-31 | 39.77% | AU$1.89 Million ≈ $1.34 Million |
AU$4.76 Million ≈ $3.36 Million |
-10.66pp |
| 2021-12-31 | 50.43% | AU$2.52 Million ≈ $1.78 Million |
AU$5.00 Million ≈ $3.53 Million |
-36.03pp |
| 2020-12-31 | 86.47% | AU$4.20 Million ≈ $2.97 Million |
AU$4.86 Million ≈ $3.44 Million |
+86.41pp |
| 2010-12-31 | 0.06% | AU$4.96K ≈ $3.51K |
AU$8.24 Million ≈ $5.83 Million |
-1.31pp |
| 2009-12-31 | 1.38% | AU$276.39K ≈ $195.57K |
AU$20.10 Million ≈ $14.22 Million |
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About Ragusa Minerals Ltd
Ragusa Minerals Limited engages in the mineral exploration and project evaluation business in Australia, Zimbabwe, and the United States. The company operates through Lonely Mine Gold Project (Zimbabwe); Monte Cristo Gold Project (Alaska); and Burracoppin Halloysite & Lithium Projects (Australia) segments. It also explores for gold, lithium, halloysite, and kaolinite deposits. The company was for… Read more