Mount Gibson Iron Limited - Asset Resilience Ratio
Mount Gibson Iron Limited (FWQ) has an Asset Resilience Ratio of 64.24% 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 (2014–2024)
This chart shows how Mount Gibson Iron Limited's Asset Resilience Ratio has changed over time. For market capitalisation and broader financial context, see FWQ company net worth.
Liquid Assets Composition Over Time
This chart breaks down Mount Gibson Iron Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Also explore Mount Gibson Iron Limited (FWQ) total assets for the complete picture of this company's asset base.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0% |
| Short-term Investments | €426.77 Million | 64.24% |
| Total Liquid Assets | €426.77 Million | 64.24% |
Asset Resilience Insights
- Very High Liquidity: Mount Gibson Iron Limited maintains exceptional liquid asset reserves at 64.24% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Mount Gibson Iron Limited Industry Peers by Asset Resilience Ratio
Compare Mount Gibson Iron Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Reliance Steel & Aluminum Co
NYSE:RS |
Steel | 2.48% |
|
Yongxing Special Stainless Steel Co Ltd
SHE:002756 |
Steel | 24.27% |
|
Jindal Stainless Limited
NSE:JSL |
Steel | 12.05% |
|
Nanjing Iron & Steel Co Ltd
SHG:600282 |
Steel | 2.60% |
|
HBIS Co Ltd
SHE:000709 |
Steel | 0.20% |
|
Sims Ltd
AU:SGM |
Steel | 0.50% |
|
Ternium Argentina SA
BA:TXAR |
Steel | 13.34% |
|
BCI Minerals Ltd
AU:BCI |
Steel | 6.70% |
Annual Asset Resilience Ratio for Mount Gibson Iron Limited (2014–2024)
The table below shows the annual Asset Resilience Ratio data for Mount Gibson Iron Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 64.24% | €426.77 Million ≈ $498.94 Million |
€664.30 Million ≈ $776.63 Million |
+48.38pp |
| 2023-06-30 | 15.86% | €107.38 Million ≈ $125.53 Million |
€676.94 Million ≈ $791.42 Million |
+8.91pp |
| 2022-06-30 | 6.95% | €47.99 Million ≈ $56.11 Million |
€690.27 Million ≈ $807.00 Million |
-21.58pp |
| 2021-06-30 | 28.53% | €256.30 Million ≈ $299.64 Million |
€898.24 Million ≈ $1.05 Billion |
-10.18pp |
| 2020-06-30 | 38.71% | €311.56 Million ≈ $364.25 Million |
€804.78 Million ≈ $940.87 Million |
-7.32pp |
| 2019-06-30 | 46.03% | €335.68 Million ≈ $392.45 Million |
€729.24 Million ≈ $852.56 Million |
+23.66pp |
| 2018-06-30 | 22.37% | €131.99 Million ≈ $154.31 Million |
€589.96 Million ≈ $689.72 Million |
-3.73pp |
| 2017-06-30 | 26.11% | €129.52 Million ≈ $151.43 Million |
€496.15 Million ≈ $580.05 Million |
+21.92pp |
| 2016-06-30 | 4.18% | €19.77 Million ≈ $23.11 Million |
€472.56 Million ≈ $552.47 Million |
-54.89pp |
| 2015-06-30 | 59.07% | €243.00 Million ≈ $284.09 Million |
€411.36 Million ≈ $480.93 Million |
+31.04pp |
| 2014-06-30 | 28.03% | €449.30 Million ≈ $525.28 Million |
€1.60 Billion ≈ $1.87 Billion |
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About Mount Gibson Iron Limited
MGX Resources Limited, together with its subsidiaries, engages in the mining, processing, shipment, export, and sale of hematite iron ore in Australia and China. Its flagship project is the Koolan Island mine site located in the Kimberley region of Western Australia. The company is also involved in the treasury management, mineral resources acquisition, and investment activities. The company was … Read more