Merafe Asset Resilience Ratio

Latest as of December 2024: 5.87%

Merafe asset resilience ratio. Merafe (MRF) has an Asset Resilience Ratio of 5.87% 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. See operational self-sufficiency of Merafe to measure how many days the company can operate on defensive assets alone.

Liquid Assets

ZAC360.81 Million
≈ $191.75K USD Cash + Short-term Investments

Total Assets

ZAC6.14 Billion
≈ $3.26 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Merafe (2002–2023)

Asset resilience ratio of Merafe from 2002 to 2023. This chart shows how Merafe's Asset Resilience Ratio has changed over time. Read Merafe (MRF) financial obligations for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Merafe'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 Merafe asset portfolio.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents ZAC0.00 0%
Short-term Investments ZAC360.81 Million 5.87%
Total Liquid Assets ZAC360.81 Million 5.87%

Asset Resilience Insights

  • Limited Liquidity: Merafe maintains only 5.87% 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.

Merafe Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Xiamen Tungsten Co Ltd
SHG:600549
Other Industrial Metals & Mining 1.91%
Skeena Resources Ltd
TO:SKE
Other Industrial Metals & Mining 1.57%
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
Other Industrial Metals & Mining -0.30%
Nickel Industries Ltd
AU:NIC
Other Industrial Metals & Mining 7.58%
African Rainbow Minerals Ltd
JSE:ARI
Other Industrial Metals & Mining 0.82%
Lithium Americas Corp
TO:LAC
Other Industrial Metals & Mining 15.88%
Santacruz Silver Mining Ltd. Common Shares
NASDAQ:SCZM
Other Industrial Metals & Mining 3.68%
Arafura Rare EARTHS Ltd
AU:ARU
Other Industrial Metals & Mining 57.63%

Merafe Asset Resilience Ratio by Year (2002–2023)

Merafe asset resilience ratio by year from 2002 to 2023. The table below shows the annual Asset Resilience Ratio data for Merafe.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 4.92% ZAC327.70 Million
≈ $174.16K
ZAC6.66 Billion
≈ $3.54 Million
+5.60pp
2022-12-31 -0.68% ZAC-38.66 Million
≈ $-20.55K
ZAC5.68 Billion
≈ $3.02 Million
-0.41pp
2021-12-31 -0.27% ZAC-13.44 Million
≈ $-7.14K
ZAC4.95 Billion
≈ $2.63 Million
+0.18pp
2020-12-31 -0.45% ZAC-13.98 Million
≈ $-7.43K
ZAC3.11 Billion
≈ $1.65 Million
-1.09pp
2004-12-31 0.64% ZAC7.81 Million
≈ $4.15K
ZAC1.23 Billion
≈ $652.42K
-0.11pp
2002-12-31 0.75% ZAC5.92 Million
≈ $3.15K
ZAC788.78 Million
≈ $419.20K
--
pp = percentage points

About Merafe

JSE:MRF South Africa Other Industrial Metals & Mining
Market Cap
$181.96 Million
ZAC342.38 Billion ZAC
Market Cap Rank
#16684 Global
#129 in South Africa
Share Price
ZAC137.00
Change (1 day)
+0.74%
52-Week Range
ZAC101.00 - ZAC147.00
All Time High
ZAC160.00
About

Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome and associated minerals. The company operates ferrochrome smelters, ferrochrome furnaces, chrome ore mines, UG2 plants, and PGM processing plants located in the Northwest, Limpopo, and Mpumalanga provinces of South Africa. It operates in South Africa, Brazil, the United… Read more