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. Check PREM PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
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. See PREM net asset quality index to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see PREM market cap.
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 |
|---|---|---|
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Jinduicheng Molybdenum Co Ltd
SHG:601958 |
Other Industrial Metals & Mining | 16.57% |
|
Liontown Resources Ltd
AU:LTR |
Other Industrial Metals & Mining | 22.16% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.07% |
|
Molymet
SN:MOLYMET |
Other Industrial Metals & Mining | 0.01% |
|
Alphamin Resources Corp.
JSE:APH |
Other Industrial Metals & Mining | 6.92% |
|
Vulcan Energy Resources Limited
AU:VUL |
Other Industrial Metals & Mining | 0.54% |
|
Xinjiang Baodi Mining Co. Ltd. A
SHG:601121 |
Other Industrial Metals & Mining | 1.72% |
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. It explores for tungsten, lithium, tantalum, fluorspar, rare earth elements, and gold deposits. The company was formerly known as G&B African Resources Limited and changed its name to Premier African … Read more