Sunshine Metals Ltd - Asset Resilience Ratio

Latest as of June 2024: -1.77%

Sunshine Metals Ltd (SHN) has an Asset Resilience Ratio of -1.77% 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 SHN current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$-306.47K
≈ $-216.85K USD Cash + Short-term Investments

Total Assets

AU$17.29 Million
≈ $12.23 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2001–2024)

This chart shows how Sunshine Metals Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Sunshine Metals Ltd balance sheet assets.

Liquid Assets Composition Over Time

This chart breaks down Sunshine Metals Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore SHN long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$0.00 0%
Short-term Investments AU$-306.47K -1.77%
Total Liquid Assets AU$-306.47K -1.77%

Asset Resilience Insights

  • Limited Liquidity: Sunshine Metals Ltd maintains only -1.77% 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.

Sunshine Metals Ltd Industry Peers by Asset Resilience Ratio

Compare Sunshine Metals Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Glencore PLC
JSE:GLN
Other Industrial Metals & Mining 0.05%
SOUTH32 Ltd
AU:S32
Other Industrial Metals & Mining 12.06%
Inomin Mines Inc
V:MINE
Other Industrial Metals & Mining 0.00%
Nanning Chemical Industry Co Ltd
SHG:600301
Other Industrial Metals & Mining 0.00%
Rising Nonferrous Metals Share Co Ltd
SHG:600259
Other Industrial Metals & Mining 7.31%
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
Other Industrial Metals & Mining 20.53%
Vale Indonesia Tbk
JK:INCO
Other Industrial Metals & Mining 0.07%
RIO Tinto Ltd
AU:RIO
Other Industrial Metals & Mining 0.45%

Annual Asset Resilience Ratio for Sunshine Metals Ltd (2001–2024)

The table below shows the annual Asset Resilience Ratio data for Sunshine Metals Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 -1.77% AU$-306.47K
≈ $-216.85K
AU$17.29 Million
≈ $12.23 Million
-21.66pp
2023-06-30 19.89% AU$3.33 Million
≈ $2.36 Million
AU$16.74 Million
≈ $11.85 Million
+3.55pp
2022-06-30 16.34% AU$2.03 Million
≈ $1.44 Million
AU$12.44 Million
≈ $8.80 Million
-16.00pp
2021-06-30 32.34% AU$2.34 Million
≈ $1.65 Million
AU$7.22 Million
≈ $5.11 Million
-58.18pp
2020-06-30 90.52% AU$3.29 Million
≈ $2.33 Million
AU$3.64 Million
≈ $2.58 Million
+52.40pp
2019-06-30 38.11% AU$2.15 Million
≈ $1.52 Million
AU$5.63 Million
≈ $3.99 Million
+5.61pp
2018-06-30 32.50% AU$2.24 Million
≈ $1.59 Million
AU$6.90 Million
≈ $4.88 Million
+17.55pp
2017-06-30 14.95% AU$559.76K
≈ $396.07K
AU$3.74 Million
≈ $2.65 Million
+8.00pp
2001-06-30 6.95% AU$350.00K
≈ $247.65K
AU$5.04 Million
≈ $3.56 Million
--
pp = percentage points

About Sunshine Metals Ltd

AU:SHN Australia Other Industrial Metals & Mining
Market Cap
$99.23 Million
AU$140.24 Million AUD
Market Cap Rank
#19320 Global
#622 in Australia
Share Price
AU$0.04
Change (1 day)
+2.63%
52-Week Range
AU$0.02 - AU$0.05
All Time High
AU$0.08
About

Sunshine Metals Limited engages in the exploration and development of mineral projects in Australia. The company explores for copper, gold, zinc, lead, and silver, as well as molybdenite and base metal deposits. It holds 100% interest in the Ravenswood Consolidated Project, which covers approximately 1,760 square kilometers located in Townsville, Australia. The company was formerly known as Sunsh… Read more