Prime Financial Group Ltd

AU:PFG Australia Asset Management
Market Cap
$36.28 Million
AU$58.59 Million AUD
Market Cap Rank
#25514 Global
#561 in Australia
Share Price
AU$0.22
Change (1 day)
+0.00%
52-Week Range
AU$0.21 - AU$0.27
All Time High
AU$0.27
About

Prime Financial Group Limited provides wealth management, corporate finance, self-managed superannuation fund (SMSF), accounting and business, and ESG advisory services in Australia. It operates through two segments: Wealth, and Business. The company offers accounting and business advisory services, such as accounting and tax compliance, business growth advisory and strategy, outsourced CFO and a… Read more

Prime Financial Group Ltd - Asset Resilience Ratio

Latest as of December 2023: -1.15%

Prime Financial Group Ltd (PFG) has an Asset Resilience Ratio of -1.15% as of December 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
AU$-797.99K
Cash + Short-term Investments
Total Assets
AU$69.38 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2021)

This chart shows how Prime Financial Group 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 Prime Financial Group 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$0.00 0%
Short-term Investments AU$-797.99K -1.15%
Total Liquid Assets AU$-797.99K -1.15%

Asset Resilience Insights

  • Limited Liquidity: Prime Financial Group Ltd maintains only -1.15% 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.

Prime Financial Group Ltd Industry Peers by Asset Resilience Ratio

Compare Prime Financial Group Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bexil Cp
PINK:BXLC
Asset Management 79.25%
Norte Grande
SN:NORTEGRAN
Asset Management 0.00%
BlackRock Capital Allocation Trust
NYSE:BCAT
Asset Management 0.01%
Big Tech 50 R&D-Limited Partnership
TA:BIGT
Asset Management 6.93%
Zhuhai Huajin Capital Co Ltd
SHE:000532
Asset Management 5.10%
Shaanxi International Trust Co Ltd
SHE:000563
Asset Management 10.77%
Sichuan Shuangma Cement Co Ltd
SHE:000935
Asset Management 0.22%
Sk Securities
KO:001510
Asset Management 0.48%

Annual Asset Resilience Ratio for Prime Financial Group Ltd (2017–2021)

The table below shows the annual Asset Resilience Ratio data for Prime Financial Group Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-06-30 1.97% AU$1.15 Million AU$58.29 Million +0.02pp
2020-06-30 1.95% AU$1.15 Million AU$58.90 Million +1.58pp
2019-06-30 0.38% AU$208.79K AU$55.52 Million -1.45pp
2018-06-30 1.82% AU$1.10 Million AU$60.50 Million +0.84pp
2017-06-30 0.98% AU$624.29K AU$63.56 Million --
pp = percentage points