Premier African Minerals Ltd - Asset Resilience Ratio
Premier African Minerals Ltd (PREM) has an Asset Resilience Ratio of 0.98% as of June 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. See PREM net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2022)
This chart shows how Premier African Minerals Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Premier African Minerals Ltd.
Liquid Assets Composition Over Time
This chart breaks down Premier African Minerals Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Premier African Minerals Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 0% |
| Short-term Investments | GBX500.50K | 0.98% |
| Total Liquid Assets | GBX500.50K | 0.98% |
Asset Resilience Insights
- Limited Liquidity: Premier African Minerals Ltd maintains only 0.98% 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.
Premier African Minerals Ltd Industry Peers by Asset Resilience Ratio
Compare Premier African Minerals Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Fortescue Ltd
AU:FMG |
Other Industrial Metals & Mining | 15.12% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497 |
Other Industrial Metals & Mining | 0.00% |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962 |
Other Industrial Metals & Mining | -0.30% |
|
Zhuzhou Smelter Group Co Ltd
SHG:600961 |
Other Industrial Metals & Mining | 1.74% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Tibet Huayu Mining Co Ltd
SHG:601020 |
Other Industrial Metals & Mining | 0.12% |
Annual Asset Resilience Ratio for Premier African Minerals Ltd (2019–2022)
The table below shows the annual Asset Resilience Ratio data for Premier African Minerals Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 0.98% | GBX500.50K ≈ $60.90 |
GBX51.05 Million ≈ $6.21K |
-53.22pp |
| 2021-12-31 | 54.20% | GBX8.33 Million ≈ $1.01K |
GBX15.38 Million ≈ $1.87K |
-36.41pp |
| 2020-12-31 | 90.61% | GBX8.33 Million ≈ $1.01K |
GBX9.20 Million ≈ $1.12K |
-8.49pp |
| 2019-12-31 | 99.10% | GBX7.44 Million ≈ $904.81 |
GBX7.50 Million ≈ $913.02 |
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About Premier African Minerals Ltd
Premier African Minerals Limited, together with its subsidiaries, engages in the investment, mining, exploration, evaluation, and development of natural resource properties on the African continent. The company's flagship project is Zulu Lithium and Tantalum Project in Zimbabwe. It explores for tungsten, lithium, tantalum, fluorspar, rare earth elements, and gold deposits. The company was formerl… Read more