Mount Gibson Iron Limited Asset Resilience Ratio
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. See defensive interval ratio of Mount Gibson Iron Limited to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Mount Gibson Iron Limited (2014–2024)
Asset resilience ratio of Mount Gibson Iron Limited from 2014 to 2024. This chart shows how Mount Gibson Iron Limited's Asset Resilience Ratio has changed over time. Read debt load of Mount Gibson Iron Limited for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see Mount Gibson Iron Limited assets under control.
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 |
|---|---|---|
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Ternium Argentina SA
BA:TXAR |
Steel | 12.25% |
|
Companhia Siderúrgica Nacional
MX:SIDN |
Steel | 0.91% |
|
NMDC Steel Limited
NSE:NSLNISP |
Steel | 2.95% |
|
Xinyu Iron & Steel Co Ltd
SHG:600782 |
Steel | 15.72% |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158 |
Steel | 0.00% |
|
Sgis Songshan Co Ltd
SHE:000717 |
Steel | 4.93% |
|
Guizhou Wire Rope Co Ltd
SHG:600992 |
Steel | 11.87% |
Mount Gibson Iron Limited Asset Resilience Ratio by Year (2014–2024)
Mount Gibson Iron Limited asset resilience ratio by year from 2014 to 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