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 how liquid is Merafe's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2023)
This chart shows how Merafe's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Merafe (MRF) total assets.
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. Read Merafe total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Boliden AB
ST:BOL |
Other Industrial Metals & Mining | -0.16% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Lynas Rare EARTHS Ltd
AU:LYC |
Other Industrial Metals & Mining | 0.00% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Vizsla Silver Corp.
TO:VZLA |
Other Industrial Metals & Mining | 57.40% |
|
Talon Metals Corp
TO:TLO |
Other Industrial Metals & Mining | 11.81% |
|
Firefly Metals Ltd
AU:FFM |
Other Industrial Metals & Mining | 45.62% |
|
Vulcan Energy Resources Limited
AU:VUL |
Other Industrial Metals & Mining | 0.54% |
Annual Asset Resilience Ratio for Merafe (2002–2023)
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 |
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About Merafe
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