QMINES LTD - Asset Resilience Ratio

Latest as of June 2024: 0.07%

QMINES LTD (81V) has an Asset Resilience Ratio of 0.07% 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. Also explore QMINES LTD annual equity growth to track the company's year-over-year net asset growth rate.

Liquid Assets

€15.45K
≈ $18.06K USD Cash + Short-term Investments

Total Assets

€21.50 Million
≈ $25.14 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2024–2024)

This chart shows how QMINES LTD's Asset Resilience Ratio has changed over time. See 81V equity financing ratio to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down QMINES 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 81V market cap.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents €0.00 0%
Short-term Investments €15.45K 0.07%
Total Liquid Assets €15.45K 0.07%

Asset Resilience Insights

  • Limited Liquidity: QMINES LTD maintains only 0.07% 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.

QMINES LTD Industry Peers by Asset Resilience Ratio

Compare QMINES LTD's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Freeport-McMoran Copper & Gold Inc
NYSE:FCX
Copper 7.78%
Sandfire Resources Ltd
AU:SFR
Copper 3.86%
Imperial Metals Corporation
TO:III
Copper 0.00%
Amerigo Resources Ltd.
TO:ARG
Copper 0.19%
WA1 Resources Ltd
AU:WA1
Copper 0.00%
Copper Fox Metals Inc.
V:CUU
Copper 0.04%
Austral Resources Australia Ltd
AU:AR1
Copper 0.07%
Hillgrove Resources Ltd
AU:HGO
Copper 15605.58%

Annual Asset Resilience Ratio for QMINES LTD (2024–2024)

The table below shows the annual Asset Resilience Ratio data for QMINES LTD.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 0.07% €15.45K
≈ $18.06K
€21.50 Million
≈ $25.14 Million
--
pp = percentage points

About QMINES LTD

F:81V Germany Copper
Market Cap
$20.44 Million
€17.49 Million EUR
Market Cap Rank
#25076 Global
#2170 in Germany
Share Price
€0.03
Change (1 day)
+0.00%
52-Week Range
€0.02 - €0.04
All Time High
€0.28
About

QMines Limited explores and develops mineral properties in Australia. The company explores for gold, copper, zinc, and silver deposits. Its flagship project is the 100% owned Mount Chalmers project, which consists of five minerals exploration permits covering an area of 334 square kilometers located North-East of Rockhampton, Queensland. QMines Limited was incorporated in 2020 and is headquartere… Read more