Viking Mines Ltd Asset Resilience Ratio
Viking Mines Ltd asset resilience ratio. Viking Mines Ltd (VKA) has an Asset Resilience Ratio of 46.69% as of December 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. See Viking Mines Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Viking Mines Ltd (2016–2022)
Asset resilience ratio of Viking Mines Ltd from 2016 to 2022. This chart shows how Viking Mines Ltd's Asset Resilience Ratio has changed over time. Read Viking Mines Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Viking Mines 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 Viking Mines Ltd (VKA) total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$3.83 Million | 46.69% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$3.83 Million | 46.69% |
Asset Resilience Insights
- Very High Liquidity: Viking Mines Ltd maintains exceptional liquid asset reserves at 46.69% 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.
Viking Mines Ltd Industry Peers by Asset Resilience Ratio
Compare Viking Mines Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Thor Explorations Ltd.
V:THX |
Gold | 19.47% |
|
Calibre Mining Corp
TO:CXB |
Gold | 12.59% |
|
Anglo Asian Mining Plc
LSE:AAZ |
Gold | -0.02% |
|
Agnico Eagle Mines Limited
TO:AEM |
Gold | 0.04% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Gold Fields Ltd
JSE:GFI |
Gold | 11.83% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
|
Yintai Resources Co Ltd
SHE:000975 |
Gold | 7.47% |
Viking Mines Ltd Asset Resilience Ratio by Year (2016–2022)
Viking Mines Ltd asset resilience ratio by year from 2016 to 2022. The table below shows the annual Asset Resilience Ratio data for Viking Mines Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-06-30 | 50.82% | AU$4.45 Million ≈ $3.15 Million |
AU$8.75 Million ≈ $6.19 Million |
+10.39pp |
| 2021-06-30 | 40.44% | AU$3.12 Million ≈ $2.21 Million |
AU$7.72 Million ≈ $5.47 Million |
-29.55pp |
| 2020-06-30 | 69.98% | AU$1.46 Million ≈ $1.04 Million |
AU$2.09 Million ≈ $1.48 Million |
-13.06pp |
| 2019-06-30 | 83.05% | AU$2.39 Million ≈ $1.69 Million |
AU$2.88 Million ≈ $2.03 Million |
-8.13pp |
| 2018-06-30 | 91.18% | AU$3.09 Million ≈ $2.19 Million |
AU$3.39 Million ≈ $2.40 Million |
+2.93pp |
| 2017-06-30 | 88.25% | AU$2.06 Million ≈ $1.46 Million |
AU$2.34 Million ≈ $1.65 Million |
+60.12pp |
| 2016-06-30 | 28.14% | AU$1.31 Million ≈ $924.40K |
AU$4.64 Million ≈ $3.29 Million |
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About Viking Mines Ltd
Viking Mines Limited operates as a mineral exploration company in Australia. The company explores for vanadium, nickel, copper, cobalt, and gold deposits. It holds 100% in the Canegrass Battery Minerals project that covers 620 kilometers located in the Murchison region, north-east Perth, Western Australia; and the Riverina East Gold project located in Eastern Goldfields of Western Australia. The … Read more