Summit Minerals Ltd Asset Resilience Ratio
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. See SUM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Summit Minerals Ltd (2022–2023)
Asset resilience ratio of Summit Minerals Ltd from 2022 to 2023. This chart shows how Summit Minerals Ltd's Asset Resilience Ratio has changed over time. Read debt load of Summit Minerals Ltd for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Summit Minerals Ltd asset portfolio.
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 |
|---|---|---|
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716 |
Other Industrial Metals & Mining | -3.76% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 28.52% |
|
Huludao Zinc Industry Co Ltd
SHE:000751 |
Other Industrial Metals & Mining | 0.01% |
|
Major Drilling Group International
TO:MDI |
Other Industrial Metals & Mining | 12.07% |
Summit Minerals Ltd Asset Resilience Ratio by Year (2022–2023)
Summit Minerals Ltd asset resilience ratio by year from 2022 to 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