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.
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. Compare with other companies' asset resilience ratios.
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.
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 |
|---|---|---|
|
Sama Resources Inc.
V:SME |
Other Industrial Metals & Mining | 10.09% |
|
Transition Metals Corp
V:XTM |
Other Industrial Metals & Mining | 68.12% |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060 |
Other Industrial Metals & Mining | 1.58% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 4.86% |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629 |
Other Industrial Metals & Mining | 20.53% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.00% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758 |
Other Industrial Metals & Mining | 1.13% |
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 | GBX47.47 Million | -1.35pp |
| 2022-02-28 | 3.60% | GBX1.34 Million | GBX37.07 Million | -3.05pp |
| 2020-02-29 | 6.66% | GBX1.42 Million | GBX21.38 Million | -7.48pp |
| 2019-02-28 | 14.14% | GBX2.13 Million | GBX15.08 Million | +14.14pp |
| 2013-12-31 | 0.00% | GBX1.21K | GBX557.21 Million | -- |
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