Premier African Minerals Ltd Asset Resilience Ratio
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 operational self-sufficiency of Premier African Minerals Ltd to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Premier African Minerals Ltd (2019–2022)
Asset resilience ratio of Premier African Minerals Ltd from 2019 to 2022. This chart shows how Premier African Minerals Ltd's Asset Resilience Ratio has changed over time. Read debt load of Premier African Minerals Ltd for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see Premier African Minerals Ltd balance sheet assets.
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 |
|---|---|---|
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
JCHX Mining Management Co Ltd
SHG:603979 |
Other Industrial Metals & Mining | 0.02% |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716 |
Other Industrial Metals & Mining | -3.76% |
|
Skeena Resources Ltd
TO:SKE |
Other Industrial Metals & Mining | 1.57% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Altius Minerals Corporation
TO:ALS |
Other Industrial Metals & Mining | 28.52% |
|
Huludao Zinc Industry Co Ltd
SHE:000751 |
Other Industrial Metals & Mining | 0.01% |
|
Major Drilling Group International
TO:MDI |
Other Industrial Metals & Mining | 12.07% |
Premier African Minerals Ltd Asset Resilience Ratio by Year (2019–2022)
Premier African Minerals Ltd asset resilience ratio by year from 2019 to 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