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. Check TMS strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
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. For market capitalisation and broader financial context, see Tennant Minerals Ltd (TMS) market capitalisation.
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 |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.04% |
|
MP Materials Corp
NYSE:MP |
Other Industrial Metals & Mining | 50.89% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716 |
Other Industrial Metals & Mining | -3.76% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Alphamin Res
V:AFM |
Other Industrial Metals & Mining | 0.00% |
|
Lithium Americas Corp
TO:LAC |
Other Industrial Metals & Mining | 15.88% |
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 ≈ $3.16 Million |
AU$4.68 Million ≈ $3.31 Million |
+2.17pp |
| 2022-12-31 | 93.29% | AU$4.37 Million ≈ $3.09 Million |
AU$4.68 Million ≈ $3.31 Million |
-3.60pp |
| 2021-12-31 | 96.89% | AU$4.71 Million ≈ $3.33 Million |
AU$4.86 Million ≈ $3.44 Million |
-0.49pp |
| 2020-12-31 | 97.38% | AU$1.46 Million ≈ $1.03 Million |
AU$1.50 Million ≈ $1.06 Million |
-1.29pp |
| 2017-12-31 | 98.66% | AU$1.39 Million ≈ $980.44K |
AU$1.40 Million ≈ $993.72K |
+74.21pp |
| 2003-12-31 | 24.45% | AU$407.69K ≈ $288.47K |
AU$1.67 Million ≈ $1.18 Million |
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About 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