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. Read Viridis Mining and Minerals Ltd total liabilities for a breakdown of total debt and financial obligations.
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. See what is Viridis Mining and Minerals Ltd's book value for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see market value of Viridis Mining and Minerals Ltd.
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 |
|---|---|---|
|
Vale S.A
F:CVLB |
Other Industrial Metals & Mining | 0.22% |
|
MP Materials Corp
NYSE:MP |
Other Industrial Metals & Mining | 50.89% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Tibet Huayu Mining Co Ltd
SHG:601020 |
Other Industrial Metals & Mining | 0.12% |
|
Minera Frisco S.A.B. de C.V
MX:MFRISCOA-1 |
Other Industrial Metals & Mining | 0.00% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 6.99% |
|
Sichuan Anning Iron and Titanium Co
SHE:002978 |
Other Industrial Metals & Mining | 0.77% |
|
Americas Silver Corp
TO:USA |
Other Industrial Metals & Mining | 0.00% |
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 ≈ $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