Taruga Minerals Ltd - Asset Resilience Ratio

Latest as of December 2024: 0.84%

Taruga Minerals Ltd (TAR) has an Asset Resilience Ratio of 0.84% 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. See TAR current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$19.55K
≈ $13.83K USD Cash + Short-term Investments

Total Assets

AU$2.32 Million
≈ $1.65 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2024)

This chart shows how Taruga Minerals Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see TAR asset base.

Liquid Assets Composition Over Time

This chart breaks down Taruga Minerals Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Taruga Minerals Ltd (TAR) investment intensity 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$19.55K 0.84%
Total Liquid Assets AU$19.55K 0.84%

Asset Resilience Insights

  • Limited Liquidity: Taruga Minerals Ltd maintains only 0.84% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Taruga Minerals Ltd Industry Peers by Asset Resilience Ratio

Compare Taruga Minerals Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
China Gold International Resources
TO:CGG
Other Precious Metals & Mining 11.22%
Artemis Gold Inc
V:ARTG
Other Precious Metals & Mining 0.00%
Triple Flag Precious Metals Corp
TO:TFPM
Other Precious Metals & Mining 7.79%
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
Other Precious Metals & Mining 0.84%
Aic Mines Ltd
AU:A1M
Other Precious Metals & Mining 0.01%
29METALS Ltd
AU:29M
Other Precious Metals & Mining 0.00%
Orvana Minerals Corp.
TO:ORV
Other Precious Metals & Mining 15.73%
Sierra Madre Gold and Silver Ltd
V:SM
Other Precious Metals & Mining 5.46%

Annual Asset Resilience Ratio for Taruga Minerals Ltd (2016–2024)

The table below shows the annual Asset Resilience Ratio data for Taruga Minerals Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 0.90% AU$23.82K
≈ $16.85K
AU$2.65 Million
≈ $1.87 Million
-35.25pp
2021-06-30 36.15% AU$3.39 Million
≈ $2.40 Million
AU$9.38 Million
≈ $6.63 Million
-58.67pp
2020-06-30 94.82% AU$2.03 Million
≈ $1.43 Million
AU$2.14 Million
≈ $1.51 Million
+64.20pp
2019-06-30 30.62% AU$401.76K
≈ $284.27K
AU$1.31 Million
≈ $928.27K
-65.98pp
2018-06-30 96.60% AU$2.49 Million
≈ $1.76 Million
AU$2.58 Million
≈ $1.82 Million
+76.79pp
2017-06-30 19.81% AU$1.74 Million
≈ $1.23 Million
AU$8.79 Million
≈ $6.22 Million
+9.13pp
2016-06-30 10.68% AU$848.74K
≈ $600.54K
AU$7.95 Million
≈ $5.62 Million
--
pp = percentage points

About Taruga Minerals Ltd

AU:TAR Australia Other Precious Metals & Mining
Market Cap
$14.57 Million
AU$20.59 Million AUD
Market Cap Rank
#26159 Global
#1178 in Australia
Share Price
AU$0.02
Change (1 day)
+4.55%
52-Week Range
AU$0.01 - AU$0.03
All Time High
AU$0.28
About

Taruga Minerals Limited engages in the mineral exploration and development activities in Australia. The company primarily explores for gold, copper, silver, cobalt, zinc, lead, base, and rare earth element metals deposits. The company was formerly known as Taruga Gold Limited and changed its name to Taruga Minerals Limited in June 2018. Taruga Minerals Limited was incorporated in 2011 and is base… Read more