Monument Mining Limited - Asset Resilience Ratio
Monument Mining Limited (MMY) has an Asset Resilience Ratio of 0.21% as of June 2024. 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 MMY strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2024)
This chart shows how Monument Mining Limited's Asset Resilience Ratio has changed over time. See Monument Mining Limited (MMY) balance sheet quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Monument Mining Limited'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 MMY market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$296.00K | 0.21% |
| Total Liquid Assets | CA$296.00K | 0.21% |
Asset Resilience Insights
- Limited Liquidity: Monument Mining Limited maintains only 0.21% 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.
Monument Mining Limited Industry Peers by Asset Resilience Ratio
Compare Monument Mining Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Barrick Mining Corporation
NYSE:B |
Gold | 13.00% |
|
Wheaton Precious Metals Corp
TO:WPM |
Gold | 1.69% |
|
AngloGold Ashanti Ltd
JSE:ANG |
Gold | 13.83% |
|
Gold Fields Ltd ADR
NYSE:GFI |
Gold | 11.69% |
|
Kinross Gold Corp
TO:K |
Gold | 9.89% |
|
Pan American Silver Corp
TO:PAAS |
Gold | 13.56% |
|
Coeur Mining Inc
NYSE:CDE |
Gold | 11.79% |
|
Northern Star Resources Limited
F:NS7 |
Gold | 0.51% |
Annual Asset Resilience Ratio for Monument Mining Limited (2012–2024)
The table below shows the annual Asset Resilience Ratio data for Monument Mining Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 0.21% | CA$296.00K ≈ $214.12K |
CA$142.01 Million ≈ $102.73 Million |
-0.04pp |
| 2022-06-30 | 0.25% | CA$335.82K ≈ $242.93K |
CA$134.03 Million ≈ $96.95 Million |
+0.16pp |
| 2015-06-30 | 0.09% | CA$247.00K ≈ $178.68K |
CA$262.51 Million ≈ $189.90 Million |
-5.10pp |
| 2012-06-30 | 5.19% | CA$11.00 Million ≈ $7.96 Million |
CA$211.95 Million ≈ $153.32 Million |
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About Monument Mining Limited
Monument Mining Limited engages in the production, exploration, and development of precious metals in Canada, Australia, and Malaysia. The company primarily explores for gold assets. It holds 100% interest in the Selinsing gold mine, which covers an area of 150.3 square kilometers in the Pahang State, Malaysia, and the Murchison gold that covers 232.6 square kilometers in the Murchison area, West… Read more