Inhalerx Ltd - Asset Resilience Ratio

Latest as of June 2023: 46.96%

Inhalerx Ltd (IRX) has an Asset Resilience Ratio of 46.96% 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 how liquid is Inhalerx Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$525.99K
≈ $372.17K USD Cash + Short-term Investments

Total Assets

AU$1.12 Million
≈ $792.60K USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2022)

This chart shows how Inhalerx Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Inhalerx Ltd (IRX) total assets.

Liquid Assets Composition Over Time

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

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$525.99K 46.96%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$525.99K 46.96%

Asset Resilience Insights

  • Very High Liquidity: Inhalerx Ltd maintains exceptional liquid asset reserves at 46.96% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Inhalerx Ltd Industry Peers by Asset Resilience Ratio

Compare Inhalerx 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 Inhalerx Ltd (2016–2022)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 94.48% AU$2.13 Million
≈ $1.51 Million
AU$2.26 Million
≈ $1.60 Million
-1.17pp
2021-12-31 95.64% AU$2.80 Million
≈ $1.98 Million
AU$2.93 Million
≈ $2.07 Million
+5.34pp
2020-12-31 90.31% AU$1.72 Million
≈ $1.22 Million
AU$1.90 Million
≈ $1.35 Million
+15.43pp
2018-12-31 74.88% AU$2.31 Million
≈ $1.64 Million
AU$3.09 Million
≈ $2.19 Million
-13.91pp
2017-12-31 88.79% AU$4.52 Million
≈ $3.20 Million
AU$5.09 Million
≈ $3.60 Million
+0.04pp
2016-12-31 88.75% AU$7.61 Million
≈ $5.38 Million
AU$8.58 Million
≈ $6.07 Million
--
pp = percentage points

About Inhalerx Ltd

AU:IRX Australia Biotechnology
Market Cap
$4.18 Million
AU$5.91 Million AUD
Market Cap Rank
#29021 Global
#1593 in Australia
Share Price
AU$0.02
Change (1 day)
+4.35%
52-Week Range
AU$0.02 - AU$0.04
All Time High
AU$0.39
About

Nexalis Therapeutics Limited, a biotechnology company, develops and sells registrable inhaled drug-device combinations in Australia. It is developing IRX-211 that has completed Phase 1 clinical trial for the treatment of Breakthrough Cancer Pain (BTcP); and IRX-616a that is in preclinical trial for panic disorder (PD). The company was formerly known as InhaleRx Limited and changed its name Nexali… Read more