Taruga Minerals Ltd - Asset Resilience Ratio
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. Check Taruga Minerals Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how Taruga Minerals Ltd's Asset Resilience Ratio has changed over time. See Taruga Minerals Ltd (TAR) net asset quality to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see market cap of Taruga Minerals Ltd.
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 |
|---|---|---|
|
Hecla Mining Company
NYSE:HL |
Other Precious Metals & Mining | 0.58% |
|
Triple Flag Precious Metals Corp
TO:TFPM |
Other Precious Metals & Mining | 7.79% |
|
Minerals 260 Ltd
AU:MI6 |
Other Precious Metals & Mining | 0.29% |
|
Santana Minerals Ltd
AU:SMI |
Other Precious Metals & Mining | 55.11% |
|
Bougainville Copper Ltd
AU:BOC |
Other Precious Metals & Mining | 12.37% |
|
Many Peaks Minerals Ltd
AU:MPK |
Other Precious Metals & Mining | 41.38% |
|
Gemfields Group Limited
F:5PH |
Other Precious Metals & Mining | 0.13% |
|
Haranga Resources Ltd
AU:HAR |
Other Precious Metals & Mining | 60.20% |
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 |
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About Taruga Minerals Ltd
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