Argenica Therapeutics Ltd - Asset Resilience Ratio

Latest as of June 2023: 0.52%

Argenica Therapeutics Ltd (AGN) has an Asset Resilience Ratio of 0.52% 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 Argenica Therapeutics Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$50.00K
≈ $35.38K USD Cash + Short-term Investments

Total Assets

AU$9.54 Million
≈ $6.75 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2022–2022)

This chart shows how Argenica Therapeutics Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see AGN total asset value.

Liquid Assets Composition Over Time

This chart breaks down Argenica Therapeutics Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read AGN total liabilities for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$0.00 0%
Short-term Investments AU$50.00K 0.52%
Total Liquid Assets AU$50.00K 0.52%

Asset Resilience Insights

  • Limited Liquidity: Argenica Therapeutics Ltd maintains only 0.52% 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.

Argenica Therapeutics Ltd Industry Peers by Asset Resilience Ratio

Compare Argenica Therapeutics Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
argenx NV ADR
NASDAQ:ARGX
Biotechnology 15.95%
Asymchem Laboratories Tian Jin Co Ltd
SHE:002821
Biotechnology 5.07%
Shanghai Allist Pharmaceuticals Co. Ltd. A
SHG:688578
Biotechnology 21.11%
Ligand Pharmaceuticals Incorporated
NASDAQ:LGND
Biotechnology 16.06%
Tubize-Fin
BR:TUB
Biotechnology 2.50%
Galapagos N.V.
AS:GLPG
Biotechnology 86.45%
Neuren Pharmaceuticals Ltd
AU:NEU
Biotechnology 90.43%
Sinopep-Allsino Biopharmaceutical Co. Ltd. A
SHG:688076
Biotechnology 0.91%

Annual Asset Resilience Ratio for Argenica Therapeutics Ltd (2022–2022)

The table below shows the annual Asset Resilience Ratio data for Argenica Therapeutics Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 0.52% AU$50.00K
≈ $35.38K
AU$9.54 Million
≈ $6.75 Million
--
pp = percentage points

About Argenica Therapeutics Ltd

AU:AGN Australia Biotechnology
Market Cap
$13.63 Million
AU$19.27 Million AUD
Market Cap Rank
#26352 Global
#1192 in Australia
Share Price
AU$0.15
Change (1 day)
+0.00%
52-Week Range
AU$0.09 - AU$0.34
All Time High
AU$0.99
About

Argenica Therapeutics Limited, a biotechnology company, engages in the research and development of neuroprotective therapeutic drugs in Australia. Its lead product candidate is ARG-007, a neuroprotective peptide candidate, which is in phase 2 clinical trial to reduce brain tissue death after stroke and other types of brain injury. The company was incorporated in 2019 and is based in Nedlands, Aus… Read more