Viking Mines Ltd - Asset Resilience Ratio

Latest as of December 2022: 46.69%

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.

Liquid Assets

AU$3.83 Million
≈ $2.71 Million USD Cash + Short-term Investments

Total Assets

AU$8.20 Million
≈ $5.80 Million USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2022)

This chart shows how Viking Mines Ltd's Asset Resilience Ratio has changed over time. Check VKA PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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 market capitalisation and broader financial context, see Viking Mines Ltd (VKA) market capitalisation.

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
Gold Fields Ltd ADR
NYSE:GFI
Gold 11.69%
AngloGold Ashanti Ltd
JSE:ANG
Gold 13.83%
Lundin Gold Inc
TO:LUG
Gold 0.00%
Alamos Gold Inc
TO:AGI
Gold 8.52%
Chifeng Jilong Gold Mining Co Ltd
SHG:600988
Gold 0.27%
G Mining Ventures Corp.
TO:GMIN
Gold 6.91%
Perseus Mining Ltd
TO:PRU
Gold 33.53%
Aura Minerals Inc. Common Shares
NASDAQ:AUGO
Gold 6.69%

Annual Asset Resilience Ratio for Viking Mines Ltd (2016–2022)

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
--
pp = percentage points

About Viking Mines Ltd

AU:VKA Australia Gold
Market Cap
$8.66 Million
AU$12.24 Million AUD
Market Cap Rank
#27413 Global
#1346 in Australia
Share Price
AU$0.01
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.02
All Time High
AU$0.05
About

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