Trinex Minerals Ltd - Asset Resilience Ratio
Trinex Minerals Ltd (TX3) has an Asset Resilience Ratio of 8.01% 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. See working capital to net assets of Trinex Minerals Ltd to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2023–2023)
This chart shows how Trinex Minerals Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Trinex Minerals Ltd.
Liquid Assets Composition Over Time
This chart breaks down Trinex Minerals Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore TX3 long-term investment intensity to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$777.40K | 8.01% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$777.40K | 8.01% |
Asset Resilience Insights
- Limited Liquidity: Trinex Minerals Ltd maintains only 8.01% 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.
Trinex Minerals Ltd Industry Peers by Asset Resilience Ratio
Compare Trinex Minerals Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Fortescue Ltd
AU:FMG |
Other Industrial Metals & Mining | 15.12% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497 |
Other Industrial Metals & Mining | 0.00% |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962 |
Other Industrial Metals & Mining | -0.30% |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961 |
Other Industrial Metals & Mining | 1.74% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Tibet Huayu Mining Co Ltd
SHG:601020 |
Other Industrial Metals & Mining | 0.12% |
Annual Asset Resilience Ratio for Trinex Minerals Ltd (2023–2023)
The table below shows the annual Asset Resilience Ratio data for Trinex Minerals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 10.72% | AU$1.00 Million ≈ $707.56K |
AU$9.33 Million ≈ $6.60 Million |
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About Trinex Minerals Ltd
Trinex Minerals Limited engages in exploration and evaluation of mineral resources in Australia and Canada. The company explores for gold, uranium, lithium, copper, zinc, lead, nickel, base, and precious metals deposits. It holds interest in the Halo-Yuri lithium project comprising of 37 contiguous claims and covers an area of 450 square kilometers located near northeast of Yellowknife; the Ross … Read more