AfriTin Mining Ltd - Asset Resilience Ratio
AfriTin Mining Ltd (ATM) has an Asset Resilience Ratio of 0.27% 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. Check AfriTin Mining Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2023)
This chart shows how AfriTin Mining Ltd's Asset Resilience Ratio has changed over time. See AfriTin Mining Ltd net asset quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down AfriTin Mining Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see ATM market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 0% |
| Short-term Investments | GBX1.74 Million | 0.27% |
| Total Liquid Assets | GBX1.74 Million | 0.27% |
Asset Resilience Insights
- Limited Liquidity: AfriTin Mining Ltd maintains only 0.27% 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.
AfriTin Mining Ltd Industry Peers by Asset Resilience Ratio
Compare AfriTin Mining Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Rio Tinto Group
F:RIOA |
Other Industrial Metals & Mining | 0.43% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.04% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
Nanning Chemical Industry Co Ltd
SHG:600301 |
Other Industrial Metals & Mining | 0.00% |
|
IGO LTD SP.ADR/2
F:IDZ1 |
Other Industrial Metals & Mining | 2.71% |
|
Shandong Humon Smelting Co Ltd
SHE:002237 |
Other Industrial Metals & Mining | 0.01% |
|
Lithium Americas Corp
TO:LAC |
Other Industrial Metals & Mining | 15.88% |
|
Americas Silver Corp
TO:USA |
Other Industrial Metals & Mining | 0.00% |
Annual Asset Resilience Ratio for AfriTin Mining Ltd (2013–2023)
The table below shows the annual Asset Resilience Ratio data for AfriTin Mining Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-02-28 | 2.26% | GBX1.07 Million ≈ $130.34 |
GBX47.47 Million ≈ $5.78K |
-1.35pp |
| 2022-02-28 | 3.60% | GBX1.34 Million ≈ $162.49 |
GBX37.07 Million ≈ $4.51K |
-3.05pp |
| 2020-02-29 | 6.66% | GBX1.42 Million ≈ $173.13 |
GBX21.38 Million ≈ $2.60K |
-7.48pp |
| 2019-02-28 | 14.14% | GBX2.13 Million ≈ $259.41 |
GBX15.08 Million ≈ $1.83K |
+14.14pp |
| 2013-12-31 | 0.00% | GBX1.21K ≈ $0.15 |
GBX557.21 Million ≈ $67.80K |
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About AfriTin Mining Ltd
Andrada Mining Limited engages in the exploration, development, and production of mineral resources in Namibia. The company explores for lithium, tin, tantalum, rubidium, tungsten, copper, petalite, and spodumene deposits. Its flagship asset is the Uis Tin Mine that covers an area of approximately 19,700 hectares located in the Erongo region, Namibia. The company was formerly known as AfriTin Min… Read more