Viridis Mining and Minerals Ltd Asset Resilience Ratio
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. See Viridis Mining and Minerals 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 Viridis Mining and Minerals Ltd (2021–2024)
Asset resilience ratio of Viridis Mining and Minerals Ltd from 2021 to 2024. This chart shows how Viridis Mining and Minerals Ltd's Asset Resilience Ratio has changed over time. Read VMM total liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see Viridis Mining and Minerals Ltd (VMM) total assets.
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 |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
China Molybdenum Co. Ltd
F:D7N |
Other Industrial Metals & Mining | 2.61% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Tibet Mineral Development Co Ltd
SHE:000762 |
Other Industrial Metals & Mining | 0.67% |
|
Perenti Ltd
AU:PRN |
Other Industrial Metals & Mining | 8.69% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
Viridis Mining and Minerals Ltd Asset Resilience Ratio by Year (2021–2024)
Viridis Mining and Minerals Ltd asset resilience ratio by year from 2021 to 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 ≈ $3.70 Million |
AU$21.68 Million ≈ $15.34 Million |
-3.24pp |
| 2023-06-30 | 27.37% | AU$1.28 Million ≈ $902.31K |
AU$4.66 Million ≈ $3.30 Million |
-55.78pp |
| 2022-06-30 | 83.15% | AU$3.91 Million ≈ $2.76 Million |
AU$4.70 Million ≈ $3.32 Million |
+78.49pp |
| 2021-06-30 | 4.66% | AU$255.25K ≈ $180.61K |
AU$5.48 Million ≈ $3.88 Million |
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About 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