Tennant Minerals Ltd
Tennant Minerals Limited engages in the exploration, development, and mining of minerals. The company explore for gold and copper deposits. Its key assets include the 100% owned Barkly Project that comprises two exploration licenses; and the Babbler project located in the Northern Territory, Australia. The company was formerly known as Tennant Minerals NL and changed its name to Tennant Minerals … Read more
Tennant Minerals Ltd - Asset Resilience Ratio
Tennant Minerals Ltd (TMS) has an Asset Resilience Ratio of 95.46% as of June 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2003–2023)
This chart shows how Tennant Minerals Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Tennant Minerals Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$4.47 Million | 95.46% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$4.47 Million | 95.46% |
Asset Resilience Insights
- Very High Liquidity: Tennant Minerals Ltd maintains exceptional liquid asset reserves at 95.46% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Tennant Minerals Ltd Industry Peers by Asset Resilience Ratio
Compare Tennant Minerals Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Great Quest Fertilizer Ltd
PINK:GQMLF |
Other Industrial Metals & Mining | 0.00% |
|
Napier Ventures Inc
PINK:NPRVF |
Other Industrial Metals & Mining | 0.00% |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 |
Other Industrial Metals & Mining | 1.58% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 4.86% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.00% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
Annual Asset Resilience Ratio for Tennant Minerals Ltd (2003–2023)
The table below shows the annual Asset Resilience Ratio data for Tennant Minerals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 95.46% | AU$4.47 Million | AU$4.68 Million | +2.17pp |
| 2022-12-31 | 93.29% | AU$4.37 Million | AU$4.68 Million | -3.60pp |
| 2021-12-31 | 96.89% | AU$4.71 Million | AU$4.86 Million | -0.49pp |
| 2020-12-31 | 97.38% | AU$1.46 Million | AU$1.50 Million | -1.29pp |
| 2017-12-31 | 98.66% | AU$1.39 Million | AU$1.40 Million | +74.21pp |
| 2003-12-31 | 24.45% | AU$407.69K | AU$1.67 Million | -- |