Ragusa Minerals Ltd - Asset Resilience Ratio

Latest as of December 2024: 9.51%

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. See working capital position of Ragusa Minerals Ltd to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$212.26K
≈ $150.19K USD Cash + Short-term Investments

Total Assets

AU$2.23 Million
≈ $1.58 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2009–2023)

This chart shows how Ragusa Minerals Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Ragusa Minerals Ltd (RAS) total assets.

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. Read Ragusa Minerals Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

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
Asante Gold Corporation
F:1A9
Gold 0.23%
Newmont Goldcorp Corp
NYSE:NEM
Gold 7.15%
Agnico Eagle Mines Limited
TO:AEM
Gold 0.04%
Yintai Resources Co Ltd
SHE:000975
Gold 7.47%
Evolution Mining Ltd
AU:EVN
Gold 9.64%
Dpm Metals Inc.
AU:DPM
Gold 16.16%
Montage Gold Corp.
TO:MAU
Gold 0.34%
Centerra Gold Inc
TO:CG
Gold 0.28%

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
--
pp = percentage points

About Ragusa Minerals Ltd

AU:RAS Australia Gold
Market Cap
$2.52 Million
AU$3.57 Million AUD
Market Cap Rank
#29814 Global
#1714 in Australia
Share Price
AU$0.02
Change (1 day)
-5.26%
52-Week Range
AU$0.02 - AU$0.05
All Time High
AU$0.41
About

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