Midway Ltd
Midway Limited engages in the production, processing, marketing, and export of woodfibre in Australia, China, Japan, and Southeast Asia. It operates through Woodfibre, Plantation and Carbon Management, and Ancillary segments. The company provides plantation management services, comprising silviculture services combined with carbon management activities; and purchases and sells third party wood. M… Read more
Midway Ltd - Asset Resilience Ratio
Midway Ltd (MWY) has an Asset Resilience Ratio of 2.88% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2018)
This chart shows how Midway Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Midway Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$5.61 Million | 2.88% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$5.61 Million | 2.88% |
Asset Resilience Insights
- Limited Liquidity: Midway Ltd maintains only 2.88% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Midway Ltd Industry Peers by Asset Resilience Ratio
Compare Midway Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Sungchang Hold
KO:000180 |
Lumber & Wood Production | 1.28% |
|
Zhongfu Straits Pingtan Development Co Ltd
SHE:000592 |
Lumber & Wood Production | 18.20% |
|
Fujian Yongan Forestry Group Joint-Stock
SHE:000663 |
Lumber & Wood Production | -1.23% |
|
Dare Technology Co Ltd
SHE:000910 |
Lumber & Wood Production | 7.78% |
|
Dehua TB New Decoration Material Co Ltd
SHE:002043 |
Lumber & Wood Production | -0.52% |
|
Fujian Jinsen Forestry Co Ltd
SHE:002679 |
Lumber & Wood Production | -0.61% |
|
Sun&L Co Ltd
KO:002820 |
Lumber & Wood Production | 0.27% |
|
Eagon Ind
KO:008250 |
Lumber & Wood Production | 0.05% |
Annual Asset Resilience Ratio for Midway Ltd (2016–2018)
The table below shows the annual Asset Resilience Ratio data for Midway Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-06-30 | 0.00% | AU$0.00 | AU$188.34 Million | -- |
| 2017-06-30 | 0.09% | AU$135.00K | AU$154.81 Million | -2.39pp |
| 2016-06-30 | 2.47% | AU$3.87 Million | AU$156.31 Million | -- |