Metro Mining Limited - Asset Resilience Ratio
Metro Mining Limited (6ME) has an Asset Resilience Ratio of 0.42% as of December 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 6ME total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2024)
This chart shows how Metro Mining Limited's Asset Resilience Ratio has changed over time. See Metro Mining Limited net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Metro Mining Limited'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 Metro Mining Limited.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0% |
| Short-term Investments | €1.02 Million | 0.42% |
| Total Liquid Assets | €1.02 Million | 0.42% |
Asset Resilience Insights
- Limited Liquidity: Metro Mining Limited maintains only 0.42% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Metro Mining Limited Industry Peers by Asset Resilience Ratio
Compare Metro Mining Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.03% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961 |
Other Industrial Metals & Mining | 0.04% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Shandong Humon Smelting Co Ltd
SHE:002237 |
Other Industrial Metals & Mining | 0.01% |
|
Advanced Technology & Materials Co Ltd
SHE:000969 |
Other Industrial Metals & Mining | 0.05% |
Annual Asset Resilience Ratio for Metro Mining Limited (2015–2024)
The table below shows the annual Asset Resilience Ratio data for Metro Mining Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.42% | €1.02 Million ≈ $1.19 Million |
€243.21 Million ≈ $284.33 Million |
+0.37pp |
| 2023-12-31 | 0.05% | €79.00K ≈ $92.36K |
€169.00 Million ≈ $197.58 Million |
-- |
| 2016-12-31 | 0.00% | €0.00 ≈ $0.00 |
€102.27 Million ≈ $119.57 Million |
-- |
| 2015-12-31 | 0.00% | €0.00 ≈ $0.00 |
€17.63 Million ≈ $20.61 Million |
-- |
About Metro Mining Limited
Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company. The company explores for bauxite. Its flagship project is the Bauxite Hills Mine property that covers an area of approximately 1,900 square kilometers located on Western Cape York. The company sells bauxite to its customers in China and United Arab Emirates. The company was formerly known as Metro… Read more