Tasman Resources Ltd - Asset Resilience Ratio

Latest as of June 2023: 8.44%

Tasman Resources Ltd (TAS) has an Asset Resilience Ratio of 8.44% as of June 2023. 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. Read total liabilities of Tasman Resources Ltd for a breakdown of total debt and financial obligations.

Liquid Assets

AU$2.74 Million
≈ $1.94 Million USD Cash + Short-term Investments

Total Assets

AU$32.42 Million
≈ $22.94 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2003–2023)

This chart shows how Tasman Resources Ltd's Asset Resilience Ratio has changed over time. See Tasman Resources Ltd net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Tasman Resources 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 Tasman Resources Ltd (TAS) market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$2.74 Million 8.44%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$2.74 Million 8.44%

Asset Resilience Insights

  • Limited Liquidity: Tasman Resources Ltd maintains only 8.44% 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.

Tasman Resources Ltd Industry Peers by Asset Resilience Ratio

Compare Tasman Resources Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Vale S.A
F:CVLB
Other Industrial Metals & Mining 0.22%
SOUTH32 Ltd
AU:S32
Other Industrial Metals & Mining 12.06%
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
Other Industrial Metals & Mining 0.99%
Skeena Resources Ltd
TO:SKE
Other Industrial Metals & Mining 6.99%
Rising Nonferrous Metals Share Co Ltd
SHG:600259
Other Industrial Metals & Mining 7.31%
Sichuan Anning Iron and Titanium Co
SHE:002978
Other Industrial Metals & Mining 0.77%
Elevra Lithium Limited
AU:ELV
Other Industrial Metals & Mining 11.08%
Altius Minerals Corporation
TO:ALS
Other Industrial Metals & Mining 34.78%

Annual Asset Resilience Ratio for Tasman Resources Ltd (2003–2023)

The table below shows the annual Asset Resilience Ratio data for Tasman Resources Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-06-30 8.44% AU$2.74 Million
≈ $1.94 Million
AU$32.42 Million
≈ $22.94 Million
+3.15pp
2022-06-30 5.30% AU$2.30 Million
≈ $1.63 Million
AU$43.45 Million
≈ $30.74 Million
-7.91pp
2021-06-30 13.21% AU$6.01 Million
≈ $4.25 Million
AU$45.53 Million
≈ $32.21 Million
+9.37pp
2020-06-30 3.83% AU$1.44 Million
≈ $1.02 Million
AU$37.64 Million
≈ $26.63 Million
-7.03pp
2019-06-30 10.86% AU$4.21 Million
≈ $2.98 Million
AU$38.78 Million
≈ $27.44 Million
-4.63pp
2018-06-30 15.49% AU$5.66 Million
≈ $4.00 Million
AU$36.54 Million
≈ $25.86 Million
-6.46pp
2017-06-30 21.95% AU$8.93 Million
≈ $6.32 Million
AU$40.70 Million
≈ $28.79 Million
-13.48pp
2016-06-30 35.43% AU$12.17 Million
≈ $8.61 Million
AU$34.34 Million
≈ $24.30 Million
+35.05pp
2013-06-30 0.38% AU$100.00K
≈ $70.76K
AU$26.11 Million
≈ $18.48 Million
+0.33pp
2007-06-30 0.05% AU$5.00K
≈ $3.54K
AU$9.59 Million
≈ $6.78 Million
-0.01pp
2006-06-30 0.07% AU$5.00K
≈ $3.54K
AU$7.69 Million
≈ $5.44 Million
+0.02pp
2005-06-30 0.05% AU$5.00K
≈ $3.54K
AU$10.83 Million
≈ $7.66 Million
-0.05pp
2004-06-30 0.10% AU$5.00K
≈ $3.54K
AU$5.25 Million
≈ $3.71 Million
-0.03pp
2003-06-30 0.13% AU$5.00K
≈ $3.54K
AU$3.96 Million
≈ $2.80 Million
--
pp = percentage points

About Tasman Resources Ltd

AU:TAS Australia Other Industrial Metals & Mining
Market Cap
$16.42 Million
AU$23.21 Million AUD
Market Cap Rank
#25603 Global
#1169 in Australia
Share Price
AU$0.05
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.08
All Time High
AU$0.29
About

Tasman Resources Ltd engages in the exploration of mineral properties in Australia. It also explores for precious and base metals, including gold, silver, copper, cobalt, zinc, lead, nickel, and uranium, as well as iron-oxide. The company holds 100% interests in the Lake Torrens IOCG project; Pernatty IOCG project; and Parkinson Dam Gold, Silver, Lead, Zinc project. Tasman Resources Ltd was incor… Read more