Gemfields Group Ltd Asset Resilience Ratio
Gemfields Group Ltd asset resilience ratio. Gemfields Group Ltd (GML) has an Asset Resilience Ratio of -3.03% as of December 2023. 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 Gemfields Group Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Gemfields Group Ltd (2012–2023)
Asset resilience ratio of Gemfields Group Ltd from 2012 to 2023. This chart shows how Gemfields Group Ltd's Asset Resilience Ratio has changed over time. See Gemfields Group Ltd (GML) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Gemfields Group Ltd'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 GML current and non-current assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ZAC0.00 | 0% |
| Short-term Investments | ZAC-21.12 Million | -3.03% |
| Total Liquid Assets | ZAC-21.12 Million | -3.03% |
Asset Resilience Insights
- Limited Liquidity: Gemfields Group Ltd maintains only -3.03% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Gemfields Group Ltd Industry Peers by Asset Resilience Ratio
Compare Gemfields Group Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Valterra Platinum Limited
JSE:VAL |
Other Precious Metals & Mining | 9.40% |
|
Zimplats Holdings Ltd
AU:ZIM |
Other Precious Metals & Mining | 0.43% |
|
Tharisa plc
JSE:THA |
Other Precious Metals & Mining | 0.01% |
|
Aic Mines Ltd
AU:A1M |
Other Precious Metals & Mining | 0.01% |
|
Antipa Minerals Ltd
AU:AZY |
Other Precious Metals & Mining | 36.40% |
|
Challenger Gold Ltd
AU:CEL |
Other Precious Metals & Mining | 21.01% |
|
Medallion Metals Ltd
AU:MM8 |
Other Precious Metals & Mining | 32.46% |
|
Midas Minerals Ltd
AU:MM1 |
Other Precious Metals & Mining | 1.07% |
Gemfields Group Ltd Asset Resilience Ratio by Year (2012–2023)
Gemfields Group Ltd asset resilience ratio by year from 2012 to 2023. The table below shows the annual Asset Resilience Ratio data for Gemfields Group Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -3.03% | ZAC-21.12 Million ≈ $-11.23K |
ZAC697.89 Million ≈ $370.89K |
-3.03pp |
| 2019-12-31 | 0.00% | ZAC2.00K ≈ $1.06 |
ZAC784.15 Million ≈ $416.74K |
0.00pp |
| 2018-12-31 | 0.00% | ZAC2.00K ≈ $1.06 |
ZAC734.07 Million ≈ $390.12K |
0.00pp |
| 2017-12-31 | 0.00% | ZAC6.00K ≈ $3.19 |
ZAC823.72 Million ≈ $437.76K |
0.00pp |
| 2016-12-31 | 0.00% | ZAC12.00K ≈ $6.38 |
ZAC367.10 Million ≈ $195.10K |
-0.01pp |
| 2015-12-31 | 0.01% | ZAC48.00K ≈ $25.51 |
ZAC323.03 Million ≈ $171.68K |
+0.01pp |
| 2014-12-31 | 0.01% | ZAC28.00K ≈ $14.88 |
ZAC471.65 Million ≈ $250.66K |
-0.01pp |
| 2013-12-31 | 0.01% | ZAC57.54K ≈ $30.58 |
ZAC416.23 Million ≈ $221.20K |
+12.62pp |
| 2012-12-31 | -12.60% | ZAC-50.60 Million ≈ $-26.89K |
ZAC401.52 Million ≈ $213.39K |
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About Gemfields Group Ltd
Gemfields Group Limited, together with its subsidiaries, operates as a mining company. It operates through Kagem Mining Limited, Montepuez Ruby Mining Limitada, Development Assets, Fabergé, Corporate, and Other segments. The company explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar. It also engages in the wholesale and retail of… Read more