K-Tig Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.14%

K-Tig Ltd (KTG) has an Asset Resilience Ratio of 0.14% 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. See KTG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

AU$5.00K
≈ $3.54K USD Cash + Short-term Investments

Total Assets

AU$3.48 Million
≈ $2.46 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2024)

This chart shows how K-Tig Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see K-Tig Ltd assets under control.

Liquid Assets Composition Over Time

This chart breaks down K-Tig Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read KTG total debt and obligations 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$5.00K 0.14%
Total Liquid Assets AU$5.00K 0.14%

Asset Resilience Insights

  • Limited Liquidity: K-Tig Ltd maintains only 0.14% 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.

K-Tig Ltd Industry Peers by Asset Resilience Ratio

Compare K-Tig Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Cummins Inc
NYSE:CMI
Specialty Industrial Machinery 1.65%
Nordex SE
F:NDX1
Specialty Industrial Machinery 0.07%
Wuxi Lead Auto Equipment Co Ltd
SHE:300450
Specialty Industrial Machinery 4.34%
AVIC Heavy Machinery Co Ltd
SHG:600765
Specialty Industrial Machinery 0.02%
North Navigation Control Technology Co Ltd
SHG:600435
Specialty Industrial Machinery 1.05%
Shenyang Machine Tool Co Ltd
SHE:000410
Specialty Industrial Machinery -6.78%
Zhejiang Dayuan Pumps Ind Co
SHG:603757
Specialty Industrial Machinery 4.54%
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
Specialty Industrial Machinery 26.40%

Annual Asset Resilience Ratio for K-Tig Ltd (2020–2024)

The table below shows the annual Asset Resilience Ratio data for K-Tig Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 0.14% AU$5.00K
≈ $3.54K
AU$3.48 Million
≈ $2.46 Million
-0.59pp
2023-06-30 0.73% AU$40.00K
≈ $28.30K
AU$5.48 Million
≈ $3.88 Million
+0.15pp
2022-06-30 0.58% AU$40.00K
≈ $28.30K
AU$6.84 Million
≈ $4.84 Million
+0.03pp
2021-06-30 0.55% AU$40.00K
≈ $28.30K
AU$7.25 Million
≈ $5.13 Million
-74.20pp
2020-06-30 74.75% AU$3.49 Million
≈ $2.47 Million
AU$4.67 Million
≈ $3.31 Million
--
pp = percentage points

About K-Tig Ltd

AU:KTG Australia Specialty Industrial Machinery
Market Cap
$222.07 Million
AU$313.85 Million AUD
Market Cap Rank
#27002 Global
#1273 in Australia
Share Price
AU$4.28
Change (1 day)
-7.96%
52-Week Range
AU$4.28 - AU$4.85
All Time High
AU$16.76
About

K-TIG Limited, a technology company, develops and manufactures welding technology in Australia, the United Kingdom, the United States, the Asia Pacific, and internationally. The company's technology offers precision process for various applications and suits to corrosion-resistant materials comprising stainless steel, nickel alloys, titanium alloys, as well as carbon steels and exotic materials. … Read more