Viridis Mining and Minerals Ltd
Viridis Mining and Minerals Limited engages in the acquisition, development, exploration, and evaluation of mineral properties in Australia, Canada, and Brazil. The company explores for gold, copper, nickel, copper, platinum, kaolin, and halloysite deposits, as well as rare earth elements. Its flagship project is the Colossus project covering an area of 228.62 square kilometres located in the Sta… Read more
Viridis Mining and Minerals Ltd - Asset Resilience Ratio
Viridis Mining and Minerals Ltd (VMM) has an Asset Resilience Ratio of 24.13% 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 (2021–2024)
This chart shows how Viridis Mining and Minerals Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Viridis Mining and Minerals Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$5.23 Million | 24.13% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$5.23 Million | 24.13% |
Asset Resilience Insights
- Good Liquidity Position: Viridis Mining and Minerals Ltd maintains a healthy 24.13% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Viridis Mining and Minerals Ltd Industry Peers by Asset Resilience Ratio
Compare Viridis Mining and Minerals Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR |
Other Industrial Metals & Mining | 0.13% |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 |
Other Industrial Metals & Mining | 1.58% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 4.86% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.00% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758 |
Other Industrial Metals & Mining | 1.13% |
|
Huludao Zinc Industry Co Ltd
SHE:000751 |
Other Industrial Metals & Mining | 0.01% |
Annual Asset Resilience Ratio for Viridis Mining and Minerals Ltd (2021–2024)
The table below shows the annual Asset Resilience Ratio data for Viridis Mining and Minerals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 24.13% | AU$5.23 Million | AU$21.68 Million | -3.24pp |
| 2023-06-30 | 27.37% | AU$1.28 Million | AU$4.66 Million | -55.78pp |
| 2022-06-30 | 83.15% | AU$3.91 Million | AU$4.70 Million | +78.49pp |
| 2021-06-30 | 4.66% | AU$255.25K | AU$5.48 Million | -- |