Red Rock Resources - Asset Resilience Ratio
Red Rock Resources (RRR) has an Asset Resilience Ratio of 9.40% 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 Red Rock Resources (RRR) strategic investment index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2006–2023)
This chart shows how Red Rock Resources's Asset Resilience Ratio has changed over time. See Red Rock Resources net asset quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Red Rock Resources'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 RRR market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 0% |
| Short-term Investments | GBX1.80 Million | 9.4% |
| Total Liquid Assets | GBX1.80 Million | 9.40% |
Asset Resilience Insights
- Limited Liquidity: Red Rock Resources maintains only 9.40% 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.
Red Rock Resources Industry Peers by Asset Resilience Ratio
Compare Red Rock Resources's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
RIO Tinto Ltd
AU:RIO |
Other Industrial Metals & Mining | 0.45% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
SOUTH32 Ltd
AU:S32 |
Other Industrial Metals & Mining | 12.06% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259 |
Other Industrial Metals & Mining | 7.31% |
|
Liontown Resources Ltd
AU:LTR |
Other Industrial Metals & Mining | 22.16% |
|
IGO Ltd
AU:IGO |
Other Industrial Metals & Mining | 4.88% |
|
Merdeka Copper Gold PT
JK:MDKA |
Other Industrial Metals & Mining | 0.42% |
Annual Asset Resilience Ratio for Red Rock Resources (2006–2023)
The table below shows the annual Asset Resilience Ratio data for Red Rock Resources.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | -13.07% | GBX-2.51 Million ≈ $-304.91 |
GBX19.17 Million ≈ $2.33K |
-9.21pp |
| 2022-06-30 | -3.86% | GBX-746.00K ≈ $-90.77 |
GBX19.34 Million ≈ $2.35K |
-3.87pp |
| 2021-06-30 | 0.02% | GBX3.00K ≈ $0.37 |
GBX18.26 Million ≈ $2.22K |
-0.47pp |
| 2020-06-30 | 0.49% | GBX60.34K ≈ $7.34 |
GBX12.36 Million ≈ $1.50K |
-31.00pp |
| 2014-06-30 | 31.49% | GBX6.90 Million ≈ $839.09 |
GBX21.90 Million ≈ $2.67K |
+5.87pp |
| 2013-06-30 | 25.62% | GBX7.17 Million ≈ $871.77 |
GBX27.97 Million ≈ $3.40K |
-59.43pp |
| 2009-06-30 | 85.05% | GBX4.72 Million ≈ $574.53 |
GBX5.55 Million ≈ $675.52 |
+9.09pp |
| 2008-06-30 | 75.96% | GBX3.31 Million ≈ $403.34 |
GBX4.36 Million ≈ $530.97 |
+54.44pp |
| 2007-06-30 | 21.52% | GBX613.00K ≈ $74.58 |
GBX2.85 Million ≈ $346.52 |
+20.12pp |
| 2006-06-30 | 1.40% | GBX16.00K ≈ $1.95 |
GBX1.14 Million ≈ $138.95 |
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About Red Rock Resources
Red Rock Resources Plc, a natural resource exploration and development company, engages in the production and exploration of mineral resources in Kenya, Australia, Ivory Coast, Democratic Republic of Congo, and Africa. The company explores for gold, copper, cobalt, and lithium deposits, as well as oil and gas properties. Red Rock Resources Plc was incorporated in 2004 and is headquartered in Lond… Read more