Reach Resources Ltd
Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. It primarily explores for gold, rare earth elements, lithium, niobium, and manganese. The company was formerly known as Cervantes Corporation Limited. Reach Resources Limited was incorporated in 2001 and is based in Perth, Australia.
Reach Resources Ltd - Asset Resilience Ratio
Reach Resources Ltd (RR1) has an Asset Resilience Ratio of 23.00% as of June 2025. 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2008–2025)
This chart shows how Reach Resources Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Reach Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$3.27 Million | 23.0% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$3.27 Million | 23.00% |
Asset Resilience Insights
- Good Liquidity Position: Reach Resources Ltd maintains a healthy 23.00% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Reach Resources Ltd Industry Peers by Asset Resilience Ratio
Compare Reach Resources Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
McLaren Resources Inc
F:3ML |
Gold | 0.00% |
|
PC Gold Ltd
AU:PC2 |
Gold | 7.77% |
|
4LE
F:4LE |
Gold | 0.95% |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337 |
Gold | 4.22% |
|
Bahvest Resources Bhd
KLSE:0098 |
Gold | 31.41% |
|
Aruma Resources Ltd
AU:AAJ |
Gold | 46.02% |
Annual Asset Resilience Ratio for Reach Resources Ltd (2008–2025)
The table below shows the annual Asset Resilience Ratio data for Reach Resources Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2025-06-30 | 23.00% | AU$3.27 Million | AU$14.23 Million | -17.03pp |
| 2024-06-30 | 40.03% | AU$6.01 Million | AU$15.02 Million | +21.26pp |
| 2023-06-30 | 18.77% | AU$1.23 Million | AU$6.55 Million | +0.12pp |
| 2022-06-30 | 18.65% | AU$1.13 Million | AU$6.08 Million | -32.97pp |
| 2021-06-30 | 51.61% | AU$2.04 Million | AU$3.95 Million | +29.86pp |
| 2020-06-30 | 21.76% | AU$468.46K | AU$2.15 Million | +15.60pp |
| 2019-06-30 | 6.15% | AU$123.50K | AU$2.01 Million | -12.20pp |
| 2018-06-30 | 18.35% | AU$360.93K | AU$1.97 Million | +7.25pp |
| 2008-06-30 | 11.10% | AU$126.36K | AU$1.14 Million | -- |