Trinex Minerals Ltd Asset Resilience Ratio
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 TX3 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Trinex Minerals Ltd (2023–2023)
Asset resilience ratio of Trinex Minerals Ltd from 2023 to 2023. This chart shows how Trinex Minerals Ltd's Asset Resilience Ratio has changed over time. Read TX3 current and long-term liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see Trinex Minerals Ltd asset portfolio.
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 |
|---|---|---|
|
Xiamen Tungsten Co Ltd
SHG:600549 |
Other Industrial Metals & Mining | 1.91% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962 |
Other Industrial Metals & Mining | -0.30% |
|
Nickel Industries Ltd
AU:NIC |
Other Industrial Metals & Mining | 7.58% |
|
African Rainbow Minerals Ltd
JSE:ARI |
Other Industrial Metals & Mining | 0.82% |
|
Lithium Americas Corp
TO:LAC |
Other Industrial Metals & Mining | 15.88% |
|
Santacruz Silver Mining Ltd. Common Shares
NASDAQ:SCZM |
Other Industrial Metals & Mining | 3.68% |
|
Arafura Rare EARTHS Ltd
AU:ARU |
Other Industrial Metals & Mining | 57.63% |
Trinex Minerals Ltd Asset Resilience Ratio by Year (2023–2023)
Trinex Minerals Ltd asset resilience ratio by year from 2023 to 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