Summit Minerals Ltd - Asset Resilience Ratio
Summit Minerals Ltd (SUM) has an Asset Resilience Ratio of 11.93% 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 (2022–2023)
This chart shows how Summit Minerals Ltd's Asset Resilience Ratio has changed over time. Check SUM strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Summit 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 Summit Minerals Ltd stock valuation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$1.41 Million | 11.93% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$1.41 Million | 11.93% |
Asset Resilience Insights
- Moderate Liquidity: Summit Minerals Ltd has 11.93% of assets in liquid form.
- While adequate for normal operations, this level may limit flexibility during economic stress.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Summit Minerals Ltd Industry Peers by Asset Resilience Ratio
Compare Summit Minerals Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Spruce Ridge Resources Ltd.
V:SHL |
Other Industrial Metals & Mining | 30.19% |
|
Teck Resources Limited
TO:TECK-B |
Other Industrial Metals & Mining | -2.10% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Lithium Argentina AG
NYSE:LAR |
Other Industrial Metals & Mining | 5.53% |
|
EQ Resources Ltd
AU:EQR |
Other Industrial Metals & Mining | 0.34% |
|
Standard Lithium Ltd
NYSE MKT:SLI |
Other Industrial Metals & Mining | 18.46% |
Annual Asset Resilience Ratio for Summit Minerals Ltd (2022–2023)
The table below shows the annual Asset Resilience Ratio data for Summit Minerals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 16.71% | AU$2.23 Million ≈ $1.58 Million |
AU$13.35 Million ≈ $9.44 Million |
-23.63pp |
| 2022-12-31 | 40.34% | AU$2.46 Million ≈ $1.74 Million |
AU$6.10 Million ≈ $4.32 Million |
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About Summit Minerals Ltd
Western Ridge Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of battery and critical mineral projects in Brazil, Canada, and Australia. The company explores for niobium, tantalum, rare earth elements, uranium, and lithium pegmatite deposits. Its flagship projects are the Equador Niobium Project and the Juazerinho Niobium Project, locate… Read more