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. Read debt load of Ragusa Minerals Ltd for a breakdown of total debt and financial obligations.
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 net assets of Ragusa Minerals Ltd for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Barrick Gold Corp
TO:ABX |
Gold | 13.03% |
|
OceanaGold Corporation
TO:OGC |
Gold | 11.64% |
|
Perseus Mining Ltd
TO:PRU |
Gold | 33.53% |
|
Aris Mining Corporation
TO:ARIS |
Gold | 17.45% |
|
Hycroft Mining Holding Corporation
NASDAQ:HYMC |
Gold | 0.35% |
|
Seabridge Gold Inc.
TO:SEA |
Gold | 6.52% |
|
West African Resources Ltd
AU:WAF |
Gold | 0.00% |
|
Spartan Resources Ltd
AU:SPR |
Gold | 9.86% |
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