Thunderbird Resources Ltd - Asset Resilience Ratio

Latest as of June 2022: 20.37%

Thunderbird Resources Ltd (THB) has an Asset Resilience Ratio of 20.37% as of June 2022. 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 Thunderbird Resources Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

AU$3.21 Million
≈ $2.27 Million USD Cash + Short-term Investments

Total Assets

AU$15.76 Million
≈ $11.15 Million USD All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2021)

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

Liquid Assets Composition Over Time

This chart breaks down Thunderbird 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 Thunderbird Resources Ltd (THB) total market value.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$3.21 Million 20.37%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$3.21 Million 20.37%

Asset Resilience Insights

  • Good Liquidity Position: Thunderbird Resources Ltd maintains a healthy 20.37% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Thunderbird Resources Ltd Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Avino Silver & Gold Mines Ltd
TO:ASM
Other Precious Metals & Mining 0.00%
GoGold Resources Inc.
TO:GGD
Other Precious Metals & Mining 0.00%
Aic Mines Ltd
AU:A1M
Other Precious Metals & Mining 0.01%
Forrestania Resources Ltd
AU:FRS
Other Precious Metals & Mining 0.00%
Patagonia Gold Corp
V:PGDC
Other Precious Metals & Mining 3.77%
Dynacor Gold Mines Inc.
TO:DNG
Other Precious Metals & Mining 0.00%
Alicanto Minerals Ltd
AU:AQI
Other Precious Metals & Mining 60.69%
Many Peaks Minerals Ltd
AU:MPK
Other Precious Metals & Mining 47.16%

Annual Asset Resilience Ratio for Thunderbird Resources Ltd (2017–2021)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-06-30 7.91% AU$557.84K
≈ $394.71K
AU$7.05 Million
≈ $4.99 Million
+3.99pp
2020-06-30 3.92% AU$624.97K
≈ $442.21K
AU$15.95 Million
≈ $11.29 Million
-2.54pp
2019-06-30 6.46% AU$1.17 Million
≈ $825.82K
AU$18.08 Million
≈ $12.79 Million
+4.09pp
2018-06-30 2.37% AU$391.56K
≈ $277.05K
AU$16.52 Million
≈ $11.69 Million
-10.45pp
2017-06-30 12.82% AU$1.95 Million
≈ $1.38 Million
AU$15.20 Million
≈ $10.75 Million
--
pp = percentage points

About Thunderbird Resources Ltd

AU:THB Australia Other Precious Metals & Mining
Market Cap
$11.41 Million
AU$16.13 Million AUD
Market Cap Rank
#26653 Global
#1303 in Australia
Share Price
AU$0.03
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.03
All Time High
AU$1.05
About

Thunderbird Resources Limited, together with its subsidiaries, engages in the acquisition and exploration of mineral resource properties in Peru and Canada. The company explores for uranium, lithium, copper, silver, and rare earth element deposits. The company was formerly known as Valor Resources Limited and changed its name to Thunderbird Resources Limited in April 2024. Thunderbird Resources L… Read more